Property Management

Colorado's 'short-term rental' (STR) regulations have expanded in recent years because:

AThe state mandates uniform STR regulations for all Colorado municipalities
BMany municipalities have adopted local STR ordinances due to housing affordability and neighborhood concerns✓ Correct
CSTRs are now required to pay double property taxes
DFederal law requires STR operators to obtain a federal license

Explanation

Colorado municipalities (Denver, Boulder, mountain communities, etc.) have adopted varying local STR ordinances requiring licenses, limiting the number of STRs, or restricting them to owner-occupied properties. There is no uniform state STR law, but HB23-1233 provided a framework.

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