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Florida is the only state to charge sales tax on the rental of real estate, commercial or residential, raising more than a billion dollars a year from the tax. Residential rentals of more than six months are exempted from the tax. [89]
A commercial office/retail building. Commercial property, also called commercial real estate, investment property or income property, is real estate (buildings or land) intended to generate a profit, either from capital gains or rental income. [1] Commercial property includes office buildings, medical centers, hotels, malls, retail stores ...
One unique feature of Florida's homestead exemption is that it attaches to proceeds from the sale of a home if the homeowner intends to use those proceeds to establish a new Florida homestead within a reasonable time. Therefore, if the owner of a $1,000,000 home sells that home and puts the money in a bank account, that money is still protected ...
State leaders are also branding Sunday, Sept. 1, through Sept. 7 the Tool Time Sales Tax Holiday. This means shoppers will get an extra day to save on things like work gloves costing $25 or less ...
Florida sales tax holidays for 2024 include: Florida back-to-school sales tax holiday. A 14-day back-to-school sales tax holiday is proposed from July 29 to Aug. 11, 2024, for clothing, footwear ...
Florida on Monday enacted a new law requiring out-of-state online merchants to collect and remit sales tax, which supporters say will bring in an additional $1 billion a year that previously went ...