PDA

View Full Version : Rental Tax


er9027
04-10-2013, 09:53 PM
Do most Landlords charge sales tax (7%) and a hospitality tax (2%) on the rental prices that are advertised?
Most rental prices don't say anything about taxes.
Thanks

gerryann
04-10-2013, 10:03 PM
I believe in most cases it's been worked into the quoted price, but doesn't hurt to ask.

asianthree
04-11-2013, 07:07 AM
Do most Landlords charge sales tax (7%) and a hospitality tax (2%) on the rental prices that are advertised?
Most rental prices don't say anything about taxes.
Thanks

On the villages4rent you will find a statement ....including amenity,water,sewer,and all taxes..unless the owner removes this....your rental agreement should also state about taxes also

dalecrenshaw
04-11-2013, 09:58 AM
Depending on what county your house is located in (Lake, Sumter or Marion), the rental tax is different. I know that some owners do not pay the rental tax and they are in violation of the law. If they get caught, they would have to pay all the back taxes plus there is a huge fine.

Kelsie52
04-11-2013, 02:33 PM
If you do not see it listed always ask !!!

I insert a statement that says --All taxes and fees included --some list it at the end --that states all rentals are subject to 9% Florida tax.:posting:

aussiemom
04-11-2013, 05:39 PM
Isn't sales tax only applicable to short term rentals? Thought if it was a long term (longer than 6 months) you didn't have to pay sales tax.

dalecrenshaw
04-11-2013, 05:49 PM
Isn't sales tax only applicable to short term rentals? Thought if it was a long term (longer than 6 months) you didn't have to pay sales tax.

That is correct. If rented more than 6 months to the same person, no sale's tax is due.

er9027
04-11-2013, 08:04 PM
I should have asked. I'm not that disappointed but I just have a feeling
the rental service I went thru is pocketing the tax...Probably just me!!

dalecrenshaw
04-11-2013, 11:03 PM
I should have asked. I'm not that disappointed but I just have a feeling
the rental service I went thru is pocketing the tax...Probably just me!!

I would look into that....is it several hundred dollars ($200-$400 a month depending on how much rent you get per month), if they are pocketing it. Ask to have a meeting with them, not to challenge them, but just to go over all the costs and obligations....and ask about who is responsible for paying the rental tax.

asianthree
04-12-2013, 09:05 PM
if you are the owner and using a rental company..you will get a copy of the paperwork to the state with your tax number on it....and every month your statement should list taxes paid and the amount..

herbaru
05-18-2013, 02:01 PM
Is it just the rent amount that gets taxed?
What about cleaning and pet fees?

Cantwaittoarrive
05-19-2013, 01:26 PM
On the villages4rent you will find a statement ....including amenity,water,sewer,and all taxes..unless the owner removes this....your rental agreement should also state about taxes also

:agree:

tv2016
05-19-2013, 01:32 PM
I called the Florida tax department - they gave me this info:
Cleaning fees are taxed.
I didn't ask about pet fees, but I would think they would be taxed.
Security deposit is not taxed when received, but any amount retained is taxed.
Resident ID cost is not taxed.

teamC
05-20-2013, 01:21 PM
My property is listed with a company and it was short term rental, but is now long term rental. They still take out the same commission (which they say includes taxes). I did get a form in the tax ID from the State of Florida. Should I be paying them less commission now?

asianthree
05-20-2013, 08:11 PM
My property is listed with a company and it was short term rental, but is now long term rental. They still take out the same commission (which they say includes taxes). I did get a form in the tax ID from the State of Florida. Should I be paying them less commission now?

i am thinking you need to call your company and ask...it should be broken down by taxes and percent you pay to them...if they don't do this find a different company

sueandskip
05-20-2013, 08:51 PM
Isn't sales tax only applicable to short term rentals? Thought if it was a long term (longer than 6 months) you didn't have to pay sales tax.

This is correct !