Is Airbnb legal in Breckenridge?

In Breckenridge, Colorado, short-term rentals, including those listed on platforms like Airbnb, are subject to specific regulations aimed at managing the local rental market and addressing community concerns. Here’s a brief overview of the key regulations:

Licensing Requirements

• Short-Term Rental License: Operators must obtain a valid accommodation unit license, with a cap of 2,200 licenses available. The application fee varies based on the number of bedrooms in the unit, ranging from $75 for a studio to $175 for units with four or more bedrooms.
• Administrative Fees: An additional annual administrative fee is required, linked to the unit size, from $25 for studios to $150 for larger properties.

Operational Regulations

• Responsible Agent: Each rental unit must have a designated responsible agent who is available 24/7 to address any complaints, required to respond within 60 minutes.
• Advertising Compliance: All advertisements for rentals must display the town's business and occupational license number, ensuring transparency.

Special Conditions

• Location-Specific Caps: The short-term rental licensing is structured into zones with individual caps – including Resort Properties, Tourism Zones, and single-family residential areas – to better control the impact on the community. New properties looking to obtain a license may face restrictions based on these caps.

Tax Obligations

• Local Taxes: Short-term rental guests incur a Public Accommodation Tax of 3.4% and a Sales Tax of 2.5% on their booking fees for stays of 29 nights or less.

In summary, Breckenridge's regulations seek to balance the economic benefits of tourism with the needs of local residents, ensuring that the short-term rental market remains well-managed and does not contribute to housing shortages or community disruptions. Property owners should stay informed of these regulations to maintain compliance and optimize their rental opportunities.