Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
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I'm renting Feb/March 2025 and the lease calls for 11% state and local sales tax. I see Florida is 6%, and Marion County adds 4%, can anyone tell me what the 1% is?
Last edited by gohoos; 12-04-2024 at 05:30 PM. |
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#2
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Your Landlord probably can.
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#3
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Marion county recently imposed a 1% infrastructure tax. That might be it.
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#4
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The sales tax in Marion County, FL is 7% (6% state + 1% local). I don’t know what the extra 4% is for. Check with the person you are renting from.
Sales Tax : State of Florida
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The difference between genius and stupidity is genius has its limits - Albert Einstein |
#5
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#6
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& the 1% Infrastructure tax? & the "Tangible Personal Property Tax" on Rentals? |
#7
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https://floridarevenue.com/Forms_lib...nt/dr15tdt.pdf
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The difference between genius and stupidity is genius has its limits - Albert Einstein |
#8
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Translation, with no income tax, Florida taxes the tourist and part time residents to make up the difference. The revenue has to come from somewhere, and the tourists and part timers will keep coming regardless.
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#9
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Does it matter?? 1%. Seriously.
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Identifying as Mr. Helpful Last edited by dewilson58; 12-05-2024 at 05:58 AM. |
#10
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I’m okay with that.
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#11
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#12
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#13
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On rentals 6 months or less the state of Florida has a 7% sales tax. The tax is shared with the county. The state keeps 6% and the county gets 1%. Marion county has an additional 4% tax that the county calls a "tourist development tax" on these same short term rentals. That accounts for the 11%. So on a $1000.00 rental the 7% tax would be $70.00 and Marion county would get $10.00 of the $70.00. Marion county would get an additional 4% "tourist development tax" or $40.00 additional. The state and county can look at websites to determine who is renting short term. If you are not collecting and paying this tax, you will eventually be contacted by the state and count.
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#14
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in Sumter county there is no tourist tax any more
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#15
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Marion County just voted to raise their sales tax starting January 1.
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"The secret of successful managing is to keep the five guys who hate you away from the four guys who haven't made up their minds." - Casey Stengel |
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