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    cherylmtemple's Avatar
    cherylmtemple Posts: 1, Reputation: 1
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    #1

    Sep 24, 2007, 06:54 AM
    Fl tax on real estate rental
    Is there state tax on all real estate rentals in fl?--regardless of duration?
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #2

    Sep 24, 2007, 07:44 AM
    A rental is income. Income needs to be reported.
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
    Expert
     
    #3

    Sep 24, 2007, 10:11 AM
    Are you asking whether you should be charged sales tax when you pay your rent? If that's the question, according to:

    FL Dept Rev - Florida Sales and Use Tax

    Businesses involves in "Rentals, leases, or licenses to use real property (for example, commercial office space, mini-warehouses, or short-term living accommodations)" must collect sales taxes. I don't know how they define "short term."
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #4

    Sep 25, 2007, 10:25 AM
    No comment

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