Colorado’s Tax Crisis: How a New Bill Could Triple Taxes on Short-Term Rentals

⚠️ Colorado Homeowners Face Major Property Tax Hike! What You Need to Know 🏠💸

Breaking News: A new bill in Colorado could drastically increase property taxes for short-term rental owners. We’re talking about a staggering jump from 7% to a whopping 28% - that’s a 300% increase!

🔍 In This Video:

•Understanding the Bill: How it proposes taxing properties rented for over 90 days as commercial entities.
•The Big Concern: Homeowners who rely on rental income could be forced out of the market.
•Government Perspective: Is this leveling the field with hotels or harming the tourism industry, which contributes $60 billion to Colorado’s economy?
•What’s at Stake: The potential ripple effects on Colorado’s real estate and tourism sectors.

👉 Your Action Can Make a Difference: If you’re opposed to this tax increase, it’s time to speak up. Contact your local legislators and the Governor. Let’s discuss how to effectively voice our concerns.

💬 Join the Conversation: Drop your thoughts in the comments below. How do you think this tax hike will impact Colorado? Let’s get the discussion going!

📢 Don’t forget to like, share, and subscribe for more updates on this developing story. #ColoradoPropertyTaxHike #realestatenews #CommunityAction