Florida Vacation Rental Tax Requirements

Florida vacation rentals require proper tax collection and reporting.

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Tourist development tax

Florida sales tax

Tax collection setup

Quarterly reporting

Deduction strategies

Tax documentation

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1

Free Property Evaluation

We assess your property's rental potential and provide a revenue estimate.

2

Professional Setup

We handle photography, listings, pricing strategy, and channel distribution.

3

Passive Income

Sit back while we manage guests, cleaning, maintenance, and maximize your revenue.

Frequently Asked Questions

What taxes do Florida vacation rental owners pay?

Florida vacation rental owners pay state sales tax (6%), county tourist development tax (typically 5-6% in Manatee and Sarasota counties), and federal income tax on rental income. Short-term rentals under 6 months are subject to all transient accommodation taxes.

Can I deduct expenses from my vacation rental income?

Yes. Deductible expenses include mortgage interest, property taxes, insurance, management fees, cleaning costs, maintenance, furnishings depreciation, and marketing expenses. Consult a tax professional familiar with vacation rental properties for optimal tax strategy.

How do I collect and remit tourist development tax?

You must register with your county tax collector and remit tourist development tax monthly or quarterly. OTA platforms like Airbnb and VRBO collect and remit some taxes automatically, but direct bookings require manual collection and remittance.

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