Breckenridge incorporates $400 per bedroom STR fee, 2,200 cap - highlandsnews.com
Summary
Breckenridge, CO has implemented a new $400 per bedroom fee for short-term rentals, with a cap of 2,200 STR units. Hosts operating in Breckenridge need to be aware of this new regulation and factor the fee into their profitability calculations.
Key Insights
- •The town has a cap of 2,200 STR units.
- •Breckenridge is introducing a $400 per bedroom STR fee.
Action Items
- ✓Hosts with properties in Breckenridge need to calculate the new fees into their operating budget.Effort: lowImpact: medium
Common Mistakes
- ⚠Failing to account for the new per-bedroom fee could lead to underestimation of expenses and reduced profitability.
More from Regulations & Compliance
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A 21-unit vacation rental in Dunedin, Florida, has been approved, signaling potential growth in the local short-term rental market. This approval could lead to increased accommodation options for tourists visiting the area. This news could also influence local regulations.
St. Louis aldermen have approved a short-term rental fee, though a legal battle over existing rules continues. This indicates a focus on regulating the STR market within the city. Hosts in St. Louis should be aware of these new fees, which may impact their profitability. Find out how this affects your STR business.
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