Accommodation Unit - FAQ

Print
Press Enter to show all options, press Tab go to next option

Frequently Asked Questions

What is BOLT?
BOLT stands for Business and Occupational Licenses and Tax. In 1986, the Town created BOLT to fund a community marketing program, designed to promote Breckenridge as a high-quality, year-round destination resort. BOLT funds are raised through the sale of business and short-term accommodation unit licenses.

I just bought a property in Breckenridge. Now what?
All new property owners will receive a letter from the Finance and Municipal Services Division. We ask that you please respond by completing the Accommodation Unit Information form and returning it within 30 days. This information helps us to determine if an accommodation unit license is required and provides us with accurate contact information. If no response is received within 30 days, the Town will presume that an accommodation unit license is required and an invoice for the license fee will be sent.

What is an accommodation unit license?
An accommodation unit license is required for all properties that are being or are anticipated to be rented short-term. Short-term rental means nightly rentals of less than 30 consecutive days. The annual license fee is based on the number of bedrooms in the accommodation unit, and ranges from $75-$175.

I plan to short-term rent my accommodation unit. What do I need to know?
Many people choose to rent their property on a nightly basis, either through a management company or on a rental-by-owner website. Before doing so, the property owner must obtain a Town of Breckenridge accommodation unit license. In addition, sales and accommodation taxes must be collected and paid to the State of Colorado and to the Town of Breckenridge.

• If you use a management company to handle your bookings, the management company may collect and remit sales and accommodation taxes on your behalf.
• If you rent the property yourself, either through a rental-by-owner website or other means, you are responsible for collecting and remitting sales and accommodation tax to the State and to the Town. The Town of Breckenridge will provide you with an account number and PIN # for online filing. A sales tax license must also be obtained from the State of Colorado.

If you are a new owner, complete the Accommodation Unit Form when you receive it and return it within 30 days. Do not send a license fee at this time. If a license fee is due, the Finance and Municipal Services Division will send you an invoice.

If the accommodation unit was rented short-term by the previous owner, the accommodation unit license may still be valid and no license fee may be due until the license expires.

State of Colorado.Sales Tax License Information
Click here for Town Accommodation Tax Information

I heard there are special conditions imposed on single family homes that are rented short term. What are they?
The average size of single-family homes and the number of bedrooms in the homes have increased over time. Short-term rental of these homes brings more individuals into Breckenridge’s residential neighborhoods, which can directly affect the residents of those neighborhoods. Increased activity levels, not enough on-site parking, excessive noise, and lack of refuse containment are a few of the impacts that can occur. To help minimize those impacts “Special Conditions of License” for Single-Family Accommodation Units ( 4-1-8-1) were enacted. In addition, each single-family home that is rented short term is required to post the following sign in the home.

“Conditions of License" Sign 

What if I use a rental management company for some of my rentals, and occasionally rent the unit on my own?
Regardless of who rents the unit, the owner is responsible for purchasing an accommodation unit license and ensuring that the proper sales and accommodation taxes are collected and remitted for rentals.

What if my unit is used only as a second home/vacation home?
Complete the Accommodation Unit Information form, marking the intended use of the property as “Second Home,” and return it within 30 days. This information lets us know that an accommodation unit license is not required. If no response is received within 30 days, the Town will presume that an accommodation unit license is required and an invoice for the license fee will be sent.

If you decide to rent the unit in the future, contact the Finance and Municipal Services Division Websitefinance@townofbreckenridge.com to obtain an accommodation unit license.

What if the property I just purchased is my primary residence?
Complete the Accommodation Unit Information form, marking the intended use of the property as “Owner Occupied” and return it within 30 days. This information lets us know that an accommodation unit license is not required. If no response is received within 30 days, the Town will presume that an accommodation unit license is required and an invoice for the license fee will be sent.

If you decide to rent the unit in the future, contact the Finance and Municipal Services Division Websitefinance@townofbreckenridge.com to obtain an accommodation unit license.

What is the definition of long-term rental?
Long-term rental means “lease of premises to a person for a term in excess of thirty (30) consecutive days.” If the unit is to be leased long-term only, complete the Accommodation Unit Information form, marking the intended use of the property as “Long-Term Rental”, and return it within 30 days. This information lets us know that an accommodation unit license is not required. If no response is received within 30 days, the Town will presume that an accommodation unit license is required and an invoice for the license fee will be sent. Long-term rentals are exempt from sales and accommodation taxes.

If a long-term rental agreement is made with a tour operator and the operator then rents the unit on a short-term basis, the owner of the unit must obtain an accommodation unit license and sales and accommodation taxes must be collected and remitted. Contact the Finance and Municipal Services Division Websitefinance@townofbreckenridge.com for more information.

Click on this link to Xpress Bill Pay.  We have partnered with Xpress Bill Pay to provide online bill payment.

If you have additional questions or require further information, please do not hesitate to contact the Finance and Municipal Services Division Websitefinance@townofbreckenridge.com. Thank you.

Free viewers are required for some of the attached documents.
They can be downloaded by clicking on the icons below.

Acrobat Reader Flash Player QuickTime Windows Media Player Microsoft Silverlight Word Viewer Excel Viewer PowerPoint Viewer