Colorado Springs Property Management Blog

Rental Property Tax Hacks: Leveraging HOA Fees for Maximum Deductions

By Springs Homes for Rent - Wednesday, October 2, 2024

HOA fees are generally tax-deductible for rental properties, providing a significant tax advantage for property owners. This deduction can help reduce overall tax liability while improving cash flow and increasing the profitability of rental investments. Let's look at the tax ...

Elevating Real Estate: Understanding Luxury Property Management

By Springs Homes for Rent - Wednesday, August 28, 2024

The phrase "Luxury Property Management" encompasses diverse services catering to an elite class of properties. These services span a broad spectrum, including traditional property management of a rental property, overseeing opulent private residences and coordinating staff for fu...

Colorado Warranty of Habitability

By Springs Homes for Rent - Wednesday, August 7, 2024

The Colorado Warranty of Habitability, established in 2008, outlines conditions that rental properties must meet to be considered fit for human habitation.In 2024, Senate Bill 24-094 was enacted to strengthen and clarify these laws, with a focus on protecting tenants' rights ...

How Much Can a Landlord Raise Rent in Colorado

By Springs Homes for Rent - Thursday, May 23, 2024

Rent increases are always difficult, especially for tenants. From the residential tenants perspective, nothing has really changed; the property is just more expensive. On the other hand, the homeowner or landlord often feels like they could get more rent for their property. In ma...

House Bill 24-1098: Understanding the New Rules

By Springs Homes for Rent - Monday, May 6, 2024

Colorado House Bill 24-1098 represents a significant legislative step toward enhancing tenant protections and clarifying the responsibilities of landlords and property managers in Colorado. The bill stipulates that evictions from residential properties must be supported by w...

Your Legal Duties as a Landlord

By Springs Homes for Rent - Monday, April 15, 2024

“Landlord Duties” are a landlord’s legal responsibilities. These duties encourage tenant safety and legal protections while promoting the standards of the community where the rental property is located. As a landlord, you should understand how these obligations ...

Understanding Our Rent Collection and Eviction Policies: A Comprehensive Guide

By Springs Homes for Rent - Wednesday, January 17, 2024

Effective rent collection is key to successful property management and directly influences your investment's profitability. Late or missing rent payments can lead to difficulties for property owners. Many owners and investors turn to a property management company to prevent ...

Colorado House Bill 23-1099 "The Rental Application Fairness Act"

By Springs Homes for Rent - Wednesday, December 20, 2023

The "Rental Application Fairness Act" (Colorado House Bill 23-1099) introduces significant changes to the rental market in Colorado, particularly affecting homeowners and property managers. This law simplifies and adds transparency to the rental application process...

Navigating Senate Bill 23-184: A Property Management Perspective

By Springs Homes for Rent - Tuesday, November 28, 2023

The residential property management field is continually shaped by evolving legislation, and the recent passage of SENATE BILL 23-184 in Colorado is a prime example of such a transformation.This legislation introduces changes directly affecting how properties are managed, particu...

Colorado House Bill HB 23-1068 How Does This Impact Landlords?

By Springs Homes for Rent - Tuesday, November 21, 2023

As we enter the new year, property owners and landlords must be aware of significant legislative changes in Colorado's rental and property management sector. These changes, primarily aimed at enhancing tenant fairness, mark a substantial shift in the legal landscape. For land...