Short-term Rentals

Sales and Local Marketing District Taxes

If you own short-term lodging units, any rental of a unit for less than 30 consecutive days is taxable and you are required to collect and remit sales tax. [§39-26-104 (1) (f) and 39-26-102 (11), C.R.S.]  Below are resources to help you navigate the rules and responsibilities:

Personal Property Taxes

Residential improved property, used for short term rentals, does not lose its residential assessment rate. The commercial assessment rate would apply only if the property were to be exclusively rented short term (i.e. bed and breakfast with no owner’s quarters). However, any property that is rented for profit, regardless of the duration of the rental, is subject to personal property taxes. For more information on personal property taxes or valuation assessment, please contact the Assessor's Office at 970-641-1085 or view the State of Colorado brochure.