Airbnb Hosting Laws, Regulations, and Permits in Denver, Colorado
If you are considering becoming an Airbnb host in Denver, Colorado, it is important to familiarize yourself with the local laws, regulations, and permits that govern short-term rentals. By understanding and complying with these requirements, you can ensure a smooth and legal hosting experience. Here is a comprehensive guide to help you navigate the Airbnb hosting landscape in Denver.
Denver’s Short-Term Rental Licensing Program
Denver has implemented a Short-Term Rental Licensing Program that regulates Airbnb and other short-term rentals. As an Airbnb host, you are required to obtain a license from the city before you can legally rent out your property. The license must be renewed annually, and failure to obtain or renew the license can result in fines and penalties.
Primary Residence Requirement
To be eligible for a short-term rental license in Denver, your property must be your primary residence. This means that you must live in the property for at least 30 days per year. If you own multiple properties, you can only rent out your primary residence as a short-term rental.
Occupancy Limits and Taxes
Denver has occupancy limits for short-term rentals. You can only rent out a maximum of two rooms or up to five guests at a time. Additionally, as an Airbnb host, you are required to collect and remit the city’s lodger’s tax, which is currently set at 10.75% of the rental rate.
Neighborhood-Specific Regulations
In addition to city-wide regulations, certain neighborhoods in Denver may have their own specific rules and restrictions regarding short-term rentals. It is crucial to research and understand any neighborhood-specific regulations that may apply to your property before listing it on Airbnb.
Insurance and Safety Requirements
As an Airbnb host, it is important to have appropriate insurance coverage to protect yourself and your guests. Denver requires hosts to have liability insurance with a minimum coverage of $1 million. Additionally, you must comply with safety requirements, such as providing smoke detectors, carbon monoxide detectors, and fire extinguishers in your rental property.
Conclusion
Becoming an Airbnb host in Denver can be a rewarding experience, but it is essential to comply with the city’s laws, regulations, and permits. By obtaining the necessary license, understanding occupancy limits