Category Archives: Rental Property

Rental Car, Umbrella & Home Insurance

Please read below from our trusted insurance partner Steve Duris at Frontier Insurance about the importance of personal umbrella liability policies, renting cars and making sure you have the right amount of dwelling coverage. Umbrella Insurance and Liability Limits You have insurance for two reasons…. 1. to restore people you have injured and property you…

Tax Implications of a VRBO

As Colorado CPAs, we often see our clients converting residential rental properties into short term rentals (also known as “vacation rentals”) for periods of less than 30 days. Commonly, these properties are located in resort areas, of which we have many in Colorado. Increasingly, we see two other property categories emerging as candidates for this…

College? Retirement? Comfortable Lifestyle?

The challenge is this: How do you pay for college while at the same time continue to invest for retirement? Not to mention lead a comfortable life meanwhile. Solution one is to not save for retirement, continue the lifestyle and sock away every extra cent you’ve got into your children’s college education. This would mean…