Quote:
Originally Posted by Arubagirl33
Florida department of revenue explains how to apply for an ID number and how to pay your Sales/Use tax for rentals. The rate is 6% of your monthly rental income. You’ll go online each month and enter your information. If you didn’t collect rent for the month you have to enter zero. This fee doesn’t apply to a long term/consecutive tenant of 6 months.
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Florida rental tax is 7% depending on your county
Sumter is 2 % development for a tax total of 9%
To be tax exempt the term has to be greater than 6 months
6 months or less doesn't qualify for tax exempt status