Colorado property owners who lease short-term rental units on sites like Airbnb and VRBO would see a significant spike in their tax rates under proposed legislation. But the bill’s own sponsor is casting doubt on whether the measure can or should become law. A bill introduced earlier this month would classify short-term rentals as nonresidential properties, subject to commercial tax rates, which are currently 29%.

Topics:  airbnb   vrbo   though sen bob gardner   colorado springs republican    i m   a   i   gardner   property   owner   proposed   

 

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