STR Cost Segregation in Aspen, CO
Aspen STR cost segregation: condo-hotel management does not establish ownership of every amenity. Review local resources, study records, and a property-specific planning example.
Condo-hotel management does not establish ownership of every amenity
Aspen distinguishes lodging-exempt, owner-occupied, and classic STR permits. Its guidance explains that a condo-hotel manager and an individual unit owner can have different application paths. Aspen STR permit types and program guidance.
Define the property study
Before studying a managed unit, separate the deeded interior from amenities controlled by the association or operator. Obtain the furnishing-package agreement, reserve statements, and any mandatory refurbishment charges. Ask the provider to identify costs attributable to your ownership interest rather than assigning a share of every facility advertised by the resort.
Records that resolve the main questions
- Unit deed and condominium declaration
- Operator furnishing schedule and replacement-reserve ledger
- Refurbishment invoices distinguishing unit and common work
A scoping example
A manager deducts a reserve contribution each month and later replaces bedroom furniture. The contribution and the furniture purchase are not two separate acquisitions. Request the underlying purchase detail and the ownership arrangement before adding either to a study schedule.
Does a lodge-wide permit tell me which assets my unit owns?
No. Permit coverage describes operations. Title documents and management agreements determine the property interests and contractual obligations the preparer needs to evaluate.
Prepare for a Stratum study
Stratum provides nationwide property-study services, with discovery calls through AE Tax Advisors. Confirm the engagement scope, fee, evidence requirements, and CPA handoff. A service-area page does not represent a local office. Local operating approval and federal depreciation are separate questions.
- Build your document checklist
- STR Condo Studies: Separate Unit Assets and Common Areas
- Understand the STR study service
- Compare cost segregation companies