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Updated over 6 years ago on . Most recent reply

User Stats

301
Posts
354
Votes
Kelly Iannone
  • Rental Property Investor
  • Orlando, FL
354
Votes |
301
Posts

M2M Leases incur Short Term Rental Tax?

Kelly Iannone
  • Rental Property Investor
  • Orlando, FL
Posted
Many of you have shared your preference and benefits of having tenants on M2M Leases, how do you handle Taxes? When researching target rental rates, I assume this is pre-tax and would need to confirm the comps are advertising Long-term leases or pre-tax Short-term leases/M2M? For example Orange County, FL has a combined tax of 12.5% (6% state transient rental tax + .5% County Sales Surtax + 6% Tourist Development Tax). Thanks!

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