The Colorado Springs city council
imposed new rules and regulations for short-term rental owners unanimously
after public opposition.
The number of short-term rental properties in Colorado Springs is approximately
3000. For hosts to be able to apply they must follow all the rules put up by
the council. In response to concerns from council members and neighbors
concerning issues such as noise, traffic and parking operators should follow
all the new rules. Short-term rental operators are required to acquire a $119
short-term rental permit that is renewed every year. Lodging and sales taxes of
approximately 10.5% from guests are required to be collected by hosts, and then
afterwards it is the host’s responsibility to remit that tax to the city. To be
able to collect the taxes, hosts are required to apply for a city tax license.
The short-term rental operators also collect their state and county sales taxes
from their short-term rentals and remit to the state of Colorado.
Although Airbnb collects lodge and city, state and sales taxes on behalf of its
hosts in Colorado Springs, the short-term operators are still required to
register with city and state tax authorities. Hosts are required to have
property liability insurance with at least $500,000 proof of coverage, include
permit number in all documents, display permit and emergency contact information
and are reachable 24/7 to respond to complaints.
The short-term rental hosts are prohibited from holding events such as weddings
on the properties and serving food to the tenants. In the case they aren’t
available, hosts are required to hire a responsible agent available for up to
an hour to resolve complaints.
Airbnb and Short-Term Rental Regulations for Colorado Springs
