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Few investors know but in fairy recent legislative efforts in the state of Florida decided to add a tax to all short term rentals. Month to month leases and just about anything less than 6 months the owner must pay sale tax on any rent collected. That means the average investor forecast should take this into consideration for any short term rentals and their calculations for their cash flow. If the owner does not pay the sales tax this would be a form of tax evasion and the state can come after you!

Always speak to a specialist before making important decisions.