TOV
Vail Rentals by Mountain Vacation Lodging
Vail Rentals By Owner (the dba of Mountain Vacation Lodging, LLC) has assisted homeowners navigate through the regulatory and sales/lodging tax compliance since our formation in 2003. The Town of Vail has implemented regulations that protect the interests of homeowners, visitors and neighbors.
Business License and Tax Compliance
Effective March 1, 2018, homeowners are required to obtain a business license which includes a sales tax license. This new license replaces the legacy sales tax license. Homeowners must provide Vail Rentals By Owner with your license number so that we can add it to all marketing channel listings and attribute taxes remitted to the Town of Vail to your property.
We assist homeowners in obtaining their sales tax license and provide additional services at no additional charge to homeowners who have entrusted us to market and service their home:
Vail Rentals By Owner collects and remits sales/lodging taxes for all bookings generated after January 1, 2018 on behalf of the homeowner. (For bookings generated prior to January 1, 2018, it remains the homeowner's responsibility to remit the proper sales tax that has/is being remitted by Vail Rentals By Owner to you.)
Homeowners must obtain a license and provide Vail Rentals By Owner with your license number, which we place on all marketing channels for the purpose of remitting taxes on a quarterly basis to the Town of Vail and to the State of Colorado.
One condition of the business license is to have a local person designated as the contact for any issues regarding rentals. We offer this service at no charge to our homeowners who sign our Owner Services Agreement. This agreement is designed to provide homeowners with maximum rental opportunities by providing Vail Rentals By Owner with an updated availability calendar and entrusting our team to book your homes under pre-approved guidelines for each homeowner. We ensure that the correct lodging taxes are remitted to the Town of Vail and State of Colorado on a timely basis. Other than the $150 per year business license, there is no cost or hassle for the collection and remittance of sales and lodging tax. Prior to 2018, this would have cost homeowners hundreds of dollars per year in bookkeeping and/or third-party service expense.
Click here for Town of Vail Short Term Rent Info.
Additional Homeowner Services
We continue to provide our homeowners with additional services as the vacation rental industry matures:
Credit card fees and chargebacks: Prior to 2017, homeowners absorbed the cost of credit card fees and were directly responsible for the risk of chargebacks. In 2017, Vail Rentals By Owner absorbed those fees, saving homeowners more than 3% on each booking.
Accidental damage protection: Vail Rentals By Owner provides accidental damage protection including up to $1,500 per booking caused by the guest, saving the homeowner the time and money to deal with minor accidental damage.
Multi-channel distribution: We have built full integrations to distribute your home onto the most popular travel websites: HomeAway.com, VRBO.com, Airbnb and TripAdvisor, as well as expanding our own proprietary network of marketing channels including GoVail.com and Rentalz.com. We continue to improve our software, verbiage, and photography for each property over time, and explore and implement additional marketing techniques and web listings as the industry evolves.
Online booking platform: We have implemented a mobile-friendly, online bookable website with larger photographs, 3D Virtual Tours and state of the art marketing tools designed to display your home in the most effective manner.
Contact Us
We will always represent your home in a manner that meets your needs and preferences. We will strive to get you not only reservations, but the kind of reservations that work for you. To update your reservation and screening guidelines or if you have any questions, please contact:
Grey Schuhmacher, Managing Partner: 970-292-6657 or grey@resortia.com
Jake Bush, Vail Valley Market Manager: 303-997-1384 or jake@resortia.com
