Property Taxes on Breckenridge Grand Vacation Residences

Many owners have requested that there be a line item on the dues billing for property taxes that states which part of the yearly association dues is for property taxes deductible on individual income tax returns.  Unfortunately, this subject is more complicated than it appears.  The amount included in dues is an estimate of what the Homeowners Association expects to owe in future periods. Taxpayers may deduct the amount of tax actually paid in the tax year.

Below are links to the property tax information for your appropriate Breckenridge Grand Vacation Residence:

2014 Property Taxes on GL7 units

2014 Property Taxes on GTL units

2014 Gold Point property tax

We are not able to advise you on your personal income tax preparation, but these amounts and documentation should provide enough information for you and your personal tax advisor to make and informed decision on what to deduct for 2014.

Good luck!

Owners Only

one_bgv[1]Breckenridge Grand Vacations is up for four prestigious Industry awards sponsored by Perspective Magazine, a globally recognized independent publication dedicated to the vacation ownership industry. The awards will be given this February at the annual GNEX conference in San Diego.  Determination of winners is partly based on votes garnered in each category from independent voters including owners of timeshare, employees, industry professionals and more.

As valued members of the Breckenridge Grand Vacations family we are hoping that you will participate in the online voting portion of the judging when it commences later this month.  We will send you an email with links so you can participate and help Breckenridge Grand Vacations receive the industry recognition we’ve worked so hard to attain.

Owners Only

oo2[1]So far this season we have received over 95 inches of snow! This is an amazing start to the season, and if this trend continues, we are going to have another epic season here in Breckenridge. With more terrain opening soon, it lends the way to some great and sometimes hilarious moments happening on the mountain.

For a chance to win 25 Reward Dollars, we want to know what are some of your funniest skiing, snowboarding or snowshoeing stories?  Comment on Facebook, Twitter, Instagram or email your answers to!

Congratulations to last month’s winner, Michael Reining. 25 Reward Dollars have been added to your account—thank you for your participation! Take a look at what other owners are looking forward to this winter!

“The top 5 things I’m looking for this winter: 1. Snow  2. A comfy stay at Grand Lodge on Peak 7  3. Snow  4. The spa at GL7  5. SNOW” – Eric Oppliger

“Top 5 things we are looking forward to this WINTER! 1. Beauty of the SNOW on the mountains, and cozy blankets as we watch movies indoors as a family  2. Planning trips to the mountains and some great winter brew shared with friends in BRECK  3. Holiday times with family, and rest  4. Down time to sit and chat about summer vacations and planning an Interval timeshare trade  5. SNOW DELAYS that slow life down a bit and change routines — and help us appreciate the simpler things” – Gereny Keeton

“My top 5 things I’m looking forward to this winter: 5. Relaxing in my very own unit at Grand Lodge on Peak 7 after a full day of skiing  4. Visiting the shops in town and discovering new ones  3. Walking down the streets of downtown Breck after dinner enjoying the crisp, cold air and the lovely lights of the town
2. Eating out at some of my favorite restaurants in Breck again.  1. Taking the first run of the first day of my week at Grand Lodge, and knowing that I have an entire week to continue doing one of the things I love best: SKIING!” – B Mitchell

“This winter’s Top Five: 1. Getting the 3-year-old on skis for the first time  2. The baby turning 1 on the day of checkout from our week at GL7  3. Much needed time together as a family…in BRECK!  4. Teaching the little guy to ice skate, checking out the children’s museum and other stuff in town  5. Maybe letting the baby do a little sledding!” – Michelle

“Snow, skiing, hot tubbing afterwards, enjoying Breckenridge, and relaxing at Grand Lodge on Peak 7.” – Angelika Bush

“1. The Grotto  2. Soup at Sevens after a long day of skiing  3. Outdoor hot tub while it’s snowing on Peak 7, mmmm!  4. Gondola rides with the little ones  5. The wildlife on the drive up to the resort.
See you on Sunday for our week, Grand Lodge!” – Victoria Sofia Shaughnessy

“1. My son in the Air Force visiting  2. The moose in the snowy back yard  3. Hot tubs at GL7  4. Bourbon tasting at the Breckenridge Distillery  5. Attempting to snowshoe for the first time!” – Laura Cisco

“1. Meeting up with my family at GL7 to take my kids skiing for the first time after being deployed for the last 6 months.  2. – 5. Immaterial” – Jesse Baker

“The swimming pool and getting my son on skis for the first time ever, right out the back door at The Grand L­­­­­odge on Peak 7 and Eric’s pizza.” – Katrina Knepler

“1. Hot tub  2. Sevens  3. Beautiful scenery  4. Grocery shopping via gondola  5. Peacefulness.” – Kathleen Wright

“My time at GL7, family and friends, seeing the wonderful staff, from housekeeping to sales people! Front desk is very helpful, activities and concierge, the Lodge and all it has to offer from food to spa/pools and many other activities there! Yay can’t wait to be there soon! Proud to be an owner there!” – Georgia Ann Wilson

“Powder days, the beautiful scenery, beverages by the fire, beverages in the hot tub on the mountain and making family memories with Kyle Simpson :)” – Casey Eng Simpson

“Our week together with family at GL7, hot tub in the snow with an ice cold beer, all you can eat crab legs at Sevens, the view if watching the cats working under the moonlight sky, and ski boots buried in fresh powder and corduroy on the same day.”- Susan C. Wilson

“Learning to ski on Monday, enjoying the beauty of Colorado in winter, overcoming huge fears and obstacles (refer to first item), meeting new friends, hot tubs and hot toddys!” – Leslie Gunning-Scofield

“1. White Christmas  2. Hot chocolate  3. Hiking in the snow  4. Cozying up by the fire  5. Snowboarding/Skiing down Peak 7” – Abigail Sevilla Breitenbach

“1. Hot tub  2. Relaxing  3. Sevens  4. View  5. Lobby Bar and music.” – Julie St Onge

“1. Relaxing  2. The Grotto  3. Creating memories  4. Powder days  5. Covered parking. :)” – Gustavo Belloso

“Hot cocoa by the fire, roasted marshmallows, Santa, freshies and snowshoeing.” – Jeanne Larson Guernsey

“1. The staff at GL7  2. Peaks 6-7  3. The adults-only hot tubs after skiing all day  4. All of the amazing food in town plus Ullr Fest and the Ice Sculpture Competition in January  5. The first run on fresh corduroy tracks!” – Jennifer Britt Rubach

“The Grand Lodge theater with family, skiing, boarding, spa and crepes in town.” – Laurie Weisensee

“1. Meeting up with Grandma and Grandpa for a week at GL7  2. Meeting up with cousins at GL7  3. Skiing Peak 7 on a fresh powder day  4. Ready, Paint, Fire!  5. Walking around in my ski boots (I have to think positively on this one and pretend they are just like slippers!)” – Jill Munsinger

“Skiing, sitting by the fire, sledding, tubing and skating.” – Tricia Elliott Nester

“My family is looking forward to 1. The family friendly atmosphere for all ages at Peak 7  2. The swimming pool  3. The amazing skiing out of the back door  4. Sledding  5. Getting to the Grand Lodge so my kids will stop saying “Mom, when are we going back to THE hotel?…the good one!” – Dawn Hauser

“Ullr Fest, Breckenridge Distillery, Holidays, Time off work and Dragon Age Inquisition.” – Michael Reining

“1. Visiting your resort  2. Skiing in Colorado again  3. Holidays with family  4. Warming up by the fireplace  5. Comfort food!” – Tamra Drehs Sengstock

“1. The steam room at Grand Lodge on Peak 7  2. Beignets at The Lost Cajun In Breckenridge  3. Cawfee at Cuppa Joe Breckenridge  4. Our January two-night stay including ski-in/ski-out awesomeness at GL7  5. A gondola ride into town!” – Jodie Lee

“Skiing with friends, Mi Casa, hot tubs, spa visits and family time!” – Teena Schulz

“Breckenridge, skiing, hot tub at Grand Timber Lodge, Downtown at Eric’s pizza, and walking the streets on a snowy day!” – Lynn Puckett Kinnaman

“Peak 10, Peak 9, Peak 8, Peak 7, and Peak 6.” – Fabien Ardila

“Walking hand in hand with my husband while the snow is falling, tubing, skiing, making snowmen with the kids and listening to holiday music.” – Marla McGinn Jensen

“1. Hot tub with snowflakes falling  2. Sitting around the fire pit  3. Staying warm inside my timeshare relaxing and spending time with my family – no chores  4. Skiing right into Peak 7  5. Looking for the Moose” – Carmen Stransky Kassatly

“Snow, enough snow for Midwest skiing, skiing in CO, skiing at Breck, enjoying Grand Timber with all our kids and grandkids.” – Leanne Upward

“Family time, skiing, Christmas, snow and snuggling!” – Stephanie Lynn Shea-Assali

“Spending my birthday weekend at Grand Timber, fresh snow to play in, hot chocolate, sledding with the kiddos and family time around the fire!” – Megan Brown

“Skiing, sledding, tubing, wool sweaters and Christmas!” – Laura Angel Beumer

“Getting away from work and chores. Spending time with the family. Enjoying the beautiful scenery, the quietness that comes with a new snow fall. Skiing, tubing, ice skating and building a snowman. And of course Christmas.” – Zea Baca Flores;)

ARDA-ROC Contribution

ARDA_ROC_FIOn your upcoming HOA bill this January, you will notice a $3 contribution to ARDA-ROC (American Resort Development Association – Resort Owners’ Coalition). Your participation in the Resort Owners’ Coalition helps ARDA-ROC in its efforts to advance legislation that protects owners from federal, state and local government attempts to raise revenue at the expense of timeshare owners.

  • ARDA-ROC uses its funds for education and expert resources that are necessary to track and follow federal, state and local legislative and regulatory activity.
  • ARDA-ROC strives to safeguard and improve vacation ownership for future generations by defending owners on many policy fronts. Over the past few years, ARDA-ROC has been successful in protecting owners from:
    • Attempts to limit or eliminate the second home mortgage/timeshare deduction
    • Attempts to impose state sales taxes on timeshares
    • Attempts to tax owners of timeshares as transient occupants (i.e. hotel guests)
    • Attempts by the IRS to tax timeshare homeowners associations’ capital reserves (part of maintenance fee) as income
    • Attempts to tax annual assessment through a state food and beverage tax provision
  • In addition to legislative advocacy, ARDA-ROC conducts various studies designed to enhance the ability of our specialists in taxes, banking and consumer affairs convey the message of vacation ownership to legislators.

View from the Bottom

MikeThe View from the Bottom is Mike Millisor’s monthly letter to all of the stakeholders of the Breckenridge Grand Vacations family of resorts.

The holiday season seems to roll around more quickly every year, and I know for myself that one reason for that is the pace of my life through the year.  Life is full, and we are all busy – some would say too busy.

2014 has been especially busy for the Breckenridge Grand Vacations staff, winding down sales of Grand Lodge on Peak 7 and launching sales of our newest property, Grand Colorado on Peak 8, even as we watch the building rise and change daily.  I’m proud of the way our employees have pulled together to take good care of our owners and guests even as we add new challenges to their days and weeks.

I expect that most of you have also had new challenges – both planned and unplanned – in the past year.  You may feel, as I do, that you hit the ground running on January 2 and haven’t stopped.

So let’s all pause for a bit  . . . take a deep breath, and make some time to really enjoy the holiday season.  Set aside an evening to spend just with family, schedule an evening with special friends you haven’t seen for a while, spend a Saturday baking cookies with the kids or grandkids.  Pick an activity that you remember fondly from childhood holidays and share it with someone else who may have had a difficult year.

We have many occasions and opportunities to celebrate throughout the year, but the winter holidays are different, or so it has always seemed to me.  This year, I’m resolving to make the time to enjoy them, to slow down and pay attention to the qualities they represent – peace, joy, and love of family and friends.  I hope you’ll join me in this resolution.  The New Year is coming with plenty more opportunities to be busy, and we’ll all be more ready for it for having drunk deeply of the holiday’s sparkling spirit.

Mike Millisor

View from the Bottom

MikeThe View from the Bottom is Mike Millisor’s monthly letter to all of the stakeholders of the Breckenridge Grand Vacations family of resorts.

Most of us spend a lot of time, energy and money making our home a place where we can completely relax, a retreat from the “slings and arrows” and the hectic pace of daily life.  We look forward to vacations, I think, for the same reason.  We want to get away to a place that allows us to rest and recreate – “re-create” in the best sense of that word.  But as many of us have experienced, even the most careful planning does not guarantee a smooth and comfortable vacation.  Trying to find one’s way around unfamiliar settings, adjusting to local customs, even choosing a good restaurant for a special dinner celebration can induce stress into what one has anticipated for months with visions worthy of a travel poster.

Perhaps that is why a recent ARDA survey found that the highest ranked reason timeshare owners cited for satisfaction with their vacation ownership was “My timeshare offers a vacation home away from home” (81%).  That makes so much sense to me.  Especially for owners who vacation regularly at their home resort, they know their way around, the accommodations have a familiar trademark feel, and they recognize many staff members from previous vacations.  And even for those who use the exchange option to vacation in a different location, they can count on the oversight of the exchange organization – such as Interval International – to ensure that the standards of the new destination will compare with the comforts they count on at their home resort.  And they have access to competent and concerned staff members to help them plan favorite activities and special occasions before they ever leave home.

We consider you part of our family, and we want to do everything we can to ensure that each time you stay with us you leave feeling it was the best vacation you have ever had.  But even more than that, we want you to arrive and settle into your condo with the same ease and comfort with which you come home after a day at work, with a slippers-at-the-door-fire-in-the-fireplace kind of anticipation.

So as you plan your next vacation with us, call ahead and let us know what it takes to make you feel like you are home, and we’ll do our best to create that experience.  As it says over the fireplace at Grand Lodge on Peak 7:  Accepti domo estis  Welcome home.