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Post by Admin on Jan 23, 2016 8:24:24 GMT -5
Attachment DeletedManaging your vacation home is a business activity and requires registration with certain agencies and payment of taxes--6% sales taxes, 5% "bed taxes", county surcharges and, of course, income taxes. This thread is a reminder to Owners who rent out their properties to short term visitors i.e less than 6 months, that taxes are owed to Polk County FL. Taxes must be paid or reported monthly (even if there is no rental income) and can easily be done online. Here is the Polk guide that describes taxes in detail. Attachment Deleted
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GTO
Addict
Life is Tough ! It's even tougher when you're stupid ! Jhn Wayne J ohn Wayne
Posts: 198
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Post by GTO on Jan 23, 2016 19:36:10 GMT -5
Does the same Rules apply when Outside Groups Rent/Use SLRs Club House?
Or is our Club-House for resident/owner Use Only ?
I DO REALIZE THE RULES MAY CHANGE DAILY !
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Post by Admin on Jan 24, 2016 16:06:29 GMT -5
GTO posted:
Yes, SLohA must pay Polk County taxes just like individuals.
It has been demonstrated that "outsiders" i.e. non-owners can rent our common property without apparent benefit to SLohA. Has anyone ever seen this fee income reported on the highly accurate and timely "financial statements"? Last known event was late May--a wedding reception. No owner in attendance or accountable... Apparently, a renter reserves the clubhouse for an annual dance for which an entry fee is charged and payable to the non-renter.
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