Talk of The Villages Florida - View Single Post - Tangible Personal Property Tax in Lake County when renting out home
Thread: Tangible Personal Property Tax in Lake County when renting out home
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Old 04-08-2014, 04:59 AM
OBXNana OBXNana is offline
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Originally Posted by dalecrenshaw View Post
Can anyone enlighten me about the Tangible Personal Property Tax when renting out a manufactured home in the Villages, located in Lake County. I applied for a business license from Lake County in order to pay the hotel sale's tax. I received the business license and then received the Tangible Personal Property Tax Form to fill out. It asks some questions, I don't know how to answer. Besides filling in the value of the stove, rerigerator, furniture, drapes, and appliances, it asks for the cost of installing the carport, utility shed and porch....the original costs & installation plus the current value today. How is one to know this? I inherited the home from my folks, so these things were included. I would have no idea what they paid for those things or the current value today. Have any of you had to fill out this form? and can you give me some advice? Thanks for your help.
We just received the information for Sumter County and how to submit funds monthly. The property is furnished and we did not receive anything related to tangible property. I'm afraid I am of no help to you, but would appreciate if you would keep us posted on your findings.