New’s Letter Spring 2017
Short term rentals (STRs) are found in all parts of Denver with a noticeably heavy concentration of them in the central neighborhoods of District 10. Capitol Hill, Cheesman Park and Congress Park have the most STRs, but STR opportunities exist in almost all District 10 neighborhoods.On June 12, 2016, after two years of discussion, Denver City Council approved a measure to allow STR’s only in primary residences. The rules took effect on July 1st and gave hosts until December 31, 2016 to obtain a business license with the city, pay the city’s 10.75% Lodger’s Tax and come into compliance with the new regulations. Enforcement of the new law began on January 1, 2017.
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