Quote:
Originally Posted by peteg
I submit a monthly return to Florida Dept of Revenue and pay them the tax of 9% - the return shows the 2% Sumter portion as a note on the back of the return (coupon) which I assume they pay to Sumter
Always advertise rental as including tax but show rent and tax separately on the rental agreement
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We also do the monthly coupon route. We were told by the state of Florida it is easier for the owner of the property and also the county, if funds are paid directly to the state and they distribute the fund to individual county's. Less room for error as well.