Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#31
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#33
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I *think* this only applies to a "person who is required to be registered as a dealer", sells off a business or miscellaneous items". I'm sure there's a specific state regulation or opinion that codifies the situation of a private party, selling a golf cart, but I can't find it. |
#34
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That’s how it works.
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#35
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#36
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#37
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(3) applies more specifically to individuals selling their personal property
__________________
Why do people insist on making claims without looking them up first, do they really think no one will check? Proof by emphatic assertion rarely works. Confirmation bias is real; I can find any number of articles that say so. Victor, NY Randallstown, MD Yakima, WA Stevensville, MD Village of Hillsborough |
#38
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#39
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And yes, since Florida law requires registration for a Low Speed Vehicle capable of exceeding 20mph but not 25mph, that sale would appear to not qualify for an exemption. WRONG: It appears that under Florida rule 12A-1.037(3), the private sale of a vehicle required to be registered would not be taxed at the sale. It would later be taxed when it was registered but the private individual would not be required to collect the sales tax. Also, a recent change to Florida law now requires an operator under 18 to have a valid learner's permit or driver's license (which a 14 year old would not have).
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Why do people insist on making claims without looking them up first, do they really think no one will check? Proof by emphatic assertion rarely works. Confirmation bias is real; I can find any number of articles that say so. Victor, NY Randallstown, MD Yakima, WA Stevensville, MD Village of Hillsborough Last edited by Bill14564; 03-15-2024 at 08:43 AM. |
#40
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I like that “ Balderdash”, I haven’t heard that in years.
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#42
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EBay
Utilizing E Bay is a little trickier in Florida, they set limits before reporting. I know the feds require a 1099k when you sell or purchase over 20 thousand in items or make more than 200 transactions.
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Everywhere “ There are those who believe something, and therefore will tolerate nothing; and on the other hand, those who tolerate everything, because they believe nothing.” - Robert Browning |
#43
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Personal Proerty Tax
No answers about the golf cart but, I'm curious if Florida has a "Personal Property Tax" on vehicles? In NC, we pay a lower sales tax when we buy a car but then pay a "Personal Property Tax" on the current value of that vehicle every year. The rate is based off the millage rate for your real estate property taxes.
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#44
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Not the Same
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__________________
Everywhere “ There are those who believe something, and therefore will tolerate nothing; and on the other hand, those who tolerate everything, because they believe nothing.” - Robert Browning |
#45
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Whew! Taking advice from TOTV on a legal issue is like asking to perform your own heart surgery.
So, I would love to hear the defense when you are caught. It sounds something like this, someone who is unidentified told me on a internet board that I was not responsible for collecting tax. So, therefore, I am free, right? If you buy a car from a neighbor, you will be required to pay sales tax when you register it. The fact that it has to be registered is not what triggers the tax requirement. It is the sale that triggers the tax requirement. But, again, that is just advice from an unknown poster on an internet board. Take it or leave it. But, the risk is on you. |
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