WHAT IS SALES TAX AND TOURIST TAX?
As you are renting out your property to tourists, you are providing a product not unlike the Hotels and Motels in the area, and therefore your product is subject to Sales Tax which is levied by the State and Tourist Tax levied by the County. The Sales Tax is usually 6%, unless your home is located in Osceola County where it is 7%. Tourist tax varies from County to County and is approximately 4 or 5%. So for instance if your home is located in Polk County you would have to add 10% tax to every reservation to cover both the Sales Tax and Tourist Tax.
