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-   -   Who has to pay tax on commercial rental income in Florida (https://www.askmehelpdesk.com/showthread.php?t=707647)

  • Oct 8, 2012, 11:42 AM
    baker1958
    Who has to pay tax on commercial rental income in Florida
    I lease property in Orange County Florida. Do I have to pay a tax on the amount of the monthly lease payment?
  • Oct 8, 2012, 12:03 PM
    ScottGem
    The lessor pays taxes on the income. The leasee can claim the rental expense as a business expense.
  • Oct 8, 2012, 07:17 PM
    AtlantaTaxExpert
    Yes; as the owner, you report the rental income on Schedule E.

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