Jackson CoMarket Value213200Times0.32Assessed Value68224Divided by100682.24x Levy Rate10.2126Property Taxes6967.444224NotesSale doesn't affect property value, it just affects overall county wide trends.

@Levi Lane so glad you brought that up.

DM sent @Jeffrey Levy

If so, forgive the duplication.For those Airbnb hosts in Denver and Colorado Springs (and anywhere in our great state), you might have heard about a bill being considered by an interim legislative committee that would have reclassified short-term rental properties as commercial properties for the purposes of property taxation.Without going into the super sexy minutia of tax policy, essentially the bill would have change the percentage of your property eligible to be taxed by local mill levies from 7.2% to 29%.

When we had VRBO the extra fee they levied caused our revenue to drop.

@Sam ShuehAnd some fines levied by the landlord.

@Levi BennettThank you for responding and for your willingness to share information and give us greatly needed direction!

Originally posted by Account Closed:that is crazy. it seems like there's more to the story... 2% for a clean title which doesn't sound clean some states have excise or transfer tax like this.For instance in Washington state you have excise tax of 1.8 %  that the seller pays ( customary for seller )  So when you sell your 1 million dollar home in Seattle for instance the Seller will have a 18,000 . 

@William Levi CorcioHopefully someone who is a mortgage specialist can chime in on this but from what I understand, if you buy a home as your primary residence, you shouldn't be collecting rent on it.  

I do know some towns have rent control levied on 3+ unit apartments however if we owner occupy a unit in the building the rent control laws may not apply and could adjust to market rate rent upon lease expiring.