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Is Airbnb Good for the City of Colorado Springs?
Are short-term rentals (STR) driving up housing costs? Are they destroying our neighborhoods? The answer is NO. Recently, these questions have surfaced; fueled by misconceptions and false data, some people think STRs are bad for our city and should be heavily regulated. This just isn’t true. Teachers, police officers, and military folks rent their homes […]
Short-term Rentals: The Better Investment
Short-term Rentals: The Better Investment MANY of our customers debate whether they should rent short-term or long-term with their investment properties. This assumes, usually, that a long-term rental is the less risky option. I would argue that long-term rentals can be MORE RISKY in a healthy travel market like Colorado Springs. With long-term rentals, there […]
Sales Tax & Renting Short Term: What You Didn’t Know
Sales Tax & Renting Short Term: What You Didn’t Know SALES TAX isn’t sexy, and usually isn’t a topic that gets brought up when you’re talking about short-term rentals. This is probably because Airbnb, the company most people immediately associate with renting short term, charges sales tax to the guest and automatically remits it for […]