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Updated over 6 years ago,
M2M Leases incur Short Term Rental Tax?
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!