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Old 03-01-2013, 07:34 PM
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TrudyM TrudyM is offline
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Default Only on rentals under six months right?

Quote:
Originally Posted by LndLocked View Post
Just so everyone is clear ..... the 9% is made up of a 7% sales tax and a 2% short term rental fee (less than 6 mos).

The 7% is made up of a 6% State of Fla sales tax and a 1% county supplemental sales tax (this varies by county) and goes into the state's & county's gen tax revenue.

The 2% county short term rental fee (also known as a "bed tax") is typically used to fund a county's Tourist Development Board. That was the $$$ used by Sumter Co. to fund the now infamous "Brownwood entertainment grant".
I went to the FL Dept of Rev and found this.
What is Exempt?
Certain leases and rentals are exempt from sales tax. The owner or owner’s representative must keep documentation to support the exempt transaction. These transactions are exempt:
• Rental charges or room rates paid by a person who has a signed, bona fide written lease for a continuous residence longer than six months. If there is no written lease, and a person has continuously resided at any one location for a period longer than six months and has paid the tax on the rental charges or room rates due at that location for the first six months, additional charges for continuous residence at that location are tax-exempt.