Colorado Short-Term Rental Tax Legislation
The Colorado Interim Legislative Oversight Committee Concerning Tax Policy is currently reviewing a proposed piece of legislation that would alter the tax classification for specific short-term vacation rental properties. Under this proposal, known as the Lodging Property Tax Treatment bill, short-term rentals (STRs) that are rented for 90 days or more would be subject to the lodging tax rate, placing them on the same taxation level as hotels and bed and breakfast properties.