Until recently, Florida was one of only a few states that imposed its sales tax on the rental of real property. Although there were exemptions for longer-term residential rentals and leases of agricultural properties, the law generally applied to any lease or license to use real property. This changed when the Florida Legislature repealed the sales tax on most real estate leases effective Oct. 1, 2025. (The tax remains in place on short-term residential rentals and amounts paid for parking motor vehicles, docking watercraft and hangaring aircraft.)
LINKS
Read “Why Some Fla. Real Estate Projects May Want to Continue Filing State Sales Tax Returns,” authored by Marvin A. Kirsner, published in the Daily Business Review. (subscription)