Snowmass Village, Colorado Airbnb Investment Guide

Treat the Town business license, STR permit, permit type, HOA rules, and legal-bedroom count as acquisition conditions rather than post-closing details.

• Confirm the parcel is inside Town limits and identify whether the dwelling is a hotel, multifamily unit, single-family home, or duplex before modeling operations.
• Do not advertise until the Town business license and short-term rental permit are approved and active.
• Underwrite the $400 STR permit fee, $85 annual business license, lodging taxes, insurance, local representation, and compliance work from current documents.
• Use property-specific booking, expense, reserve, financing, and management records; do not substitute unsupported market-wide revenue or return claims.
• Compare the proposed use with declarations, bylaws, leases, and HOA rules because the most restrictive applicable rule controls.

Complete the Town business-license process and the separate STR permit application in MUNIRevs before accepting reservations.

• Create or use the property account in the Town’s MUNIRevs portal and complete the online business-license application.
• Pay the current $85 business-license fee and keep the license active through annual renewal.
• Review the STR regulations and Good Neighbor Guidelines, then upload the signed STR affidavit and signed guidelines.
• Provide the permit-type, ownership, contact, parking, insurance, HOA, bedroom, and other property records requested by the application.
• Wait for Town approval and the permit-fee invoice; do not treat submission as authorization to operate.

Treat smoke detection, carbon-monoxide detection, fire extinguishers, occupancy, and inspection readiness as permit-critical controls.

• Confirm every sleeping area counted in the permit is a legal bedroom rather than relying on listing language.
• Maintain required smoke detectors, carbon-monoxide detectors, and fire extinguishers; life-safety violations are major violations.
• The Town may inspect a unit at its discretion with 24-hour notice unless a life-safety issue requires faster action.
• Give guests emergency contacts, evacuation information, wildlife guidance, and the property-specific Good Neighbor Guidelines.
• Document inspections, repairs, device testing, insurance, and guest acknowledgments for the property file.

Minor violations can escalate, while operating without a permit, tax failures, and life-safety violations can jeopardize the permit and business license.

• Occupancy, parking, advertising-number, delinquent-filing, and other administrative breaches can be treated as minor violations.
• Current minor-violation penalties progress from fines up to $1,000 and $1,500; a third minor violation may become a major violation.
• Major violations include unpermitted operation, specified repeat noise or wildlife violations, life-safety failures, false information, and failure to remit taxes.
• A first major violation can result in loss of the permit or business license for up to two years; a second can extend that period to five years.
• Use the local representative to correct guest issues promptly and preserve time-stamped complaint, response, and remediation records.

Model only a permit-compliant scenario and retain conservative alternatives for HOA restrictions, renewal changes, repairs, and operating interruptions.

• Confirm Town jurisdiction, permit type, legal bedrooms, lawful dwelling status, assigned parking, and HOA authorization before relying on short-stay income.
• Review title, declarations, assessments, reserve studies, insurance, building condition, utilities, snow service, access, and management contracts.
• Model the four-night minimum for Type 4 properties where applicable and test the effect of occupancy and parking limits on the intended configuration.
• Include business-license and permit fees, 13.05% lodging taxes, platform fees, management, maintenance, utilities, insurance, reserves, and financing.
• Stress-test renewal delays, enforcement, HOA changes, seasonal closures, major repairs, and a 30-day-or-longer alternative.