If you are interested in renting your property for periods of less than 30 consecutive days, you qualify as an operating short term rental (STR) in the Town of Frisco.Short Term Rental Frequently Asked Questions Short Term Rental Application & Tax Remittance
Anyone renting their Frisco property, or seeking to rent a property in Frisco, for less than a consecutive thirty-day period should be aware of the town’s requirements for short-term rentals. These requirements apply regardless of how the properties are marketed – through a management company, online such as VRBO and Airbnb, newspaper or word of mouth.
The application process requires the following documents:
You must have the following financial and rental information ready to complete the application process:
If you have not remitted Frisco sales and lodging taxes in the past, you must have the following rental history and financial information from January 2017 – present, in order to complete the application process. If you have been remitting sales and lodging tax under the previous process and business license, then please just put zeros in each field, as you should not be charged for sales and lodging tax twice.
All STRs are subject to state, county, special district and town sales tax and the town lodging tax.
The total tax to be collected is 10.725%.
– 2.9% State of Colorado sales tax
– 2.0% Summit County sales tax
– 0.75% Summit County mass transit tax (Summit Stage)
– 0.725% Special District (Summit County Housing Authority) sales tax
– 2.0% Town of Frisco sales tax
– 2.35%Town of Frisco lodging tax
The 2.0% Town of Frisco sales tax and 2.35% Town of Frisco lodging tax (4.35% total) should be remitted directly to the Town of Frisco through the Town of Frisco’s Host Compliance service.
Booking sites like VRBO and AirBnB do NOT collect Town of Frisco sales and lodging taxes. To collect Town of Frisco tax from your guests, you will need to visit the support page for the booking site that you use to rent your unit and search for “additional payment request”.
On October 1, 2019 booking sites such as VRBO and AirBnB are now collecting and remitting taxes on behalf of homeowners directly to the State of Colorado. These tax collections only cover the state, county and special district taxes for a total of 6.375%. Short term rental owners are still required to individually collect and remit 2% sales tax and 2.35% lodging tax (4.35% total) directly to the Town of Frisco.
Beginning January 2020, ALL short term rental properties will file tax returns using the Host Compliance site instead of paper returns or online through Xpress Bill Pay.
Through the remainder of 2019, everyone filing with paper or through Xpress Bill Pay may file using these same methods, BUT they must also file through Frisco’s Host Compliance service and enter $0.00 for their total sales for that month.Frisco Short Term Rental Guide Frisco Short Term Rental Ordinance
Staff is available to answer questions and assist with the application process by appointment only. Please email to make an appointment.