Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Tyler Hedegard

Tyler Hedegard has started 1 posts and replied 2 times.

Post: STR License Question - Need help with the definition of "primary residence"

Tyler Hedegard
Posted
  • Austin, TX
  • Posts 2
  • Votes 1

Thanks for the answers.  This is what I suspected, but was hoping someone had a counter example.

The hunt continues!

Post: STR License Question - Need help with the definition of "primary residence"

Tyler Hedegard
Posted
  • Austin, TX
  • Posts 2
  • Votes 1

Hoping someone might be in a similar situation and can shed light on this.

My wife and I live in Texas, and are interested in a property in Denver as an STR, but we are worried we may not qualify under their licensing rules. It states that the property must be your primary residence, and defines it as, "Primary residence means the place in which a person's habitation is fixed for the term of the license and is the person's usual place of return. A person can have only one (1) primary residence." Section 33-46

We plan to use the property in Denver at least twice a year.  It will be our only property in Denver, and in Colorado, and therefore it is our "primary residence" there, so I'm wondering if that fits their definition of primary residence .

I'm hoping there are some of you with an STR in Denver that is not your main home and can shed some light in how this section of the code is applied? Or anyone with experience that can definitively state that our scenario is not allowed? I'm 80% that we do not qualify, but hopeful that I'm wrong.

We considered adding a contingency to the offer tied to us getting approved for the STR license, but you cannot apply until you own the property...

Thanks in advance for your insight and help,

-Tyler

P.S.  Just joined the community here.  First post!