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Florida Sales Tax on Transient Rentals

February 17th, 2017

Posted in Business Law,IRS & Tax Information

Transient rentals are a thriving business in Florida, and one which many Florida real estate owners may utilize in an attempt to supplement their income.  Generally speaking, a transient rental is one that lasts for less than six (6) months.  What many property owners do not know is that transient rentals are subject to Florida sales tax.  Florida law requires that property owners charge to, and collect from, each transient guest an additional six percent (6%).

In addition, most counties have a discretionary sales surtax or other local option tax that the property owner is required to charge, collect, and pay.  For more information on your particular county taxes, review Form DR-15DSS and Form DR-15TDT on the Florida Department of Revenue’s website, or consult a Florida tax attorney qualified to assist you with the matter.

For more information on the sales tax obligation for transient rentals, visit the Florida Department of Revenue’s website, or click the below link to download the Florida Department of Revenue’s Sales and Use Tax on Rental of Living or Sleeping Accommodations summary PDF.  As always, you should consult a Florida tax attorney if you have any questions about your sales tax obligations.

http://floridarevenue.com/Forms_library/current/gt800034.pdf

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