Are you thinking of purchasing an investment property that you would want to rent out nightly? As you know there are many expenses when owning an investment property.... property taxes, HOA, maintenance, utilities, etc. One expense that may be overlooked is that you owe sales and lodging tax.
If you rent out your property nightly (short term - for less than 30 days), you are required by law to collect the following taxes:
- Fraser, Granby, Grand Lake, Hot Sulphur Springs, and Kremmling: TOTAL TAX: 9.7%
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It is Mud Season in the high country - the snow is melting quickly in
"Angela knows the area well. She helped us get our bearings and we ultimately picked a great house. During the purchase process Angela helped us navigate the purchase and sale contract due dates and made sure we didn't miss anything. Thank you Angela!"