Talk of The Villages Florida - View Single Post - Advice on Owning a Short Term Rental in the Villages
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Old 04-08-2017, 12:39 PM
Fraugoofy Fraugoofy is offline
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Quote:
Originally Posted by dalecrenshaw View Post
You need to get a business license from the Florida State and the county that you live in. Then you have collect and pay sale's tax with the State and County every month (even if it is not rented that month). There are large fines/penalties if you don't. It is just like if you were to rent a hotel room - you pay for the room, plus sale's tax.
You do NOT need a business license to rent out your home. You DO need to file with the State of Florida to pay the required transient rental tax on the monthly income you make unless you rent for 6 months or longer to one person or one couple. You still need to register with the State of Florida if you plan on renting out your home. You also need to inform your home insurance company that your home is now a rental.

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