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Old 12-23-2023, 10:24 AM
BrianL99 BrianL99 is online now
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Quote:
Originally Posted by Papa_lecki View Post
There’s a bill in the Colorado assembly. If approved during the 2024 lawmaking session, the bill would classify any property used as a short-term rental for more than 90 days per year as a lodging property beginning in 2026.

That would nearly quadruple property taxes for an estimated 24,000 short-term rental properties in the state. The property tax assessment rate for lodging properties in 2023 is 27.9%. For residential properties, it was set at 6.765%.

Here’s an article on the bill
Colorado legislature will introduce bill hiking taxes for short-term rental properties | VailDaily.com

Could this be done in FLA at the county level?

Probably not. Essentially, Florida law prohibits counties from treating STR's any differently than traditional residential homes.

That's a bit of an over simplification, but basically the situation in my opinion.

Sounds like a great idea, but the Florida legislature would never go for it. "Rentals" are what runs the Florida's economy.