Dear Short-Term Rental Advocate

Dear Short-Term Rental Advocate

I’m passing along this important advocacy information relating to the proposed lodging tax on short term rentals. This proposal would increase taxes for STR’s renting over 90 days by around 400%! If this is an important matter to you, then please read this...
House Hunters Summit County

House Hunters Summit County

I recently spoke with some new buyers looking for a second home in Summit County and they had a flexible budget up to $1.2m. They were open to different types of properties. Usually, buyer’s budgets and their property requirements automatically define the properties...
Commercial Tax Treatment

Commercial Tax Treatment

If you thought Halloween was scary, let me add one of the scariest things that is happening in our state government. Here is a quick summary: On October 31st, the Legislative Oversight Committee Concerning Tax Policy voted 4-2 to advance a bill to the upcoming...
STR Lawsuits and Potential Commercial Tax Treatment:

STR Lawsuits and Potential Commercial Tax Treatment:

The STR industry is under a full attack. Lawmakers, policy groups, resort town locals, etc., are blaming the STR industry for a host of housing issues that have plagued resort towns since they were, well, resort towns. In an effort to find “balance” STR’s are...