Denver Airbnb STR License - register as business or personal?

[Jason Henning]

We're starting the process for getting our Airbnb going, so we need to jump through Denver's hoops. Out of the gate I have a question... Do we register for the Lodger's Tax ID License, STR Business License, etc. as a business or personal (sole proprietor)? If it's as a business we'd have to go through the added steps of forming a business entity first of course. But Denver only allows one STR so is it worth forming one? Pros, cons or what's the standard route?

[Tyler Work]

Hey @Jason Henning - I echo @James Carlson on this being a tax and risk decision.  The city just wants to collect their taxes and I want to say they use the same form for many different businesses, hence why they allow you to register under a business name.