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Investors & landlords
Yes you do include all income in your resident state return. If your real estate in FL offers substantial or transient service, think more like a hotel, then you do have an obligation. The Sales and Use Tax on Rental of Living or Sleeping states:
Florida's 6% state sales tax, plus any applicable discretionary sales surtax, applies to rental charges or room rates paid for the right to use or occupy living quarters or sleeping or housekeeping accommodations for rental periods six months or less, often called “transient rental accommodations” or “transient rentals ...
See FL department of Revenue for more.
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February 23, 2022
12:49 PM