All Forum Posts by: Randy Dubiskas

At the very least, I would request a refund of the original application fee as the City made a mistake causing you to have to submit again.  

Just curious what hotels do in these hurricane-prone areas. I know it's not the same as an STR, but I doubt they give full refunds on the day of check-in.

Eagle Nest is a beautiful area with tall pines and aspen trees.  It is fairly convenient to ski areas for winter sports when rentals are in higher demand.  With increasing wildfires throughout the area, you can expect homeowner's insurance to be significant.  You could check with Carl Vidal of Irvie homes (505) 312-4189 for more insight.  He manages STRs in that area I believe.

I like the warmth of natural wood with interesting grain.  I think white cabinets look like something in a hospital operating room.

I own an STR 6 hrs away. Self managed for 2.5 years. We go to the property and stay for a few days every 6 to 8 weeks to do maintenance and check things out.

 Thanks for your update.  I bet New Mexico lawmakers will be watching and try something similar.

Also, what about the retiree that books an ADU or casita out to make some extra coin, then loses property tax benefits afforded to seniors?

Maybe, and I don’t have a lot of experience with property taxes on commercial but the basis is different. Homeowners are taxed based on market value and recent sales. Commercial same?

I was on a zoom call with Carl Vidal, an Albuquerque realtor and STR management firm owner about this idea that has been floated. The idea is that counties will identify a residential property as a short term rental and change the status to commercial and remove any residential caps on property tax. As told by Carl, it seems to be an idea by a group of county assessors, but not necessarily state-wide. It seems that no legislation is needed to implement this? The largest county (population) is Bernalillo - this is where Albuquerque is located. Have others seen changes like this in different areas?