When deciding whether to let Cohost manage your short-term rental, it is important for you to understand the laws in your city. As a short-term rental property management company we do not provide legal advice, but we want to give you some useful links that may help you better understand laws and regulations in Grand County. This list is not exhaustive, but it should give you a good start in understanding your local laws. To find out relevant information, it is always good practice to check with your county or city government website. You can find out short-term rental information here.
In August 2018, Grand County has initiated a fee for a Short-Term Rental permit and is based on occupancy. This fee is $25 per person, calculated by Maximum Advertised Occupancy for your home. On the Grand County government site, they state an example explaining that if your max occupancy is 10 people, then your permit will cost $250.
If you have any questions regarding Grand County, you can call them at 970.725.3737.
To be in compliance with the state, you must:
- Maintain a state sales tax license through the Colorado Department of Revenue,
- Post the lodging and sales tax rates that will be remitted through the Colorado Department of Revenue.
- Remit required sales and lodging tax to the Colorado Department of Revenue.
- Grand County recommends that short-term rentals post the state sales tax license number at the residence and in all rental advertising.