Renting Question (Jacksonville: apartment, rental, hotel)

[mroth]

My sister was up at our home this weekend and we talked about renting down in Jacksonville before buying so that we can better 'check' out homes and not feel pressured to buy whatever is available.

She suggested doing atleast a 7 month rental because of some tax implications. Is this true? She had said it was something about 6months or less is a vacation rental.

[stevep]

When we were trying to move down here and rent in 2001, we found it strange that apartment buildings would only rent for 7 or more months. Basically, the owner of the rental had to pay a tax if the rental was less than 7 months. But as a renter, this doesn't impact you as far as taxes are concerned.

[mroth]

Ahh, ok. It would just impact the overall price (potentially).

Thank you!

[kort677]

Originally Posted by mroth

My sister was up at our home this weekend and we talked about renting down in Jacksonville before buying so that we can better 'check' out homes and not feel pressured to buy whatever is available.

She suggested doing atleast a 7 month rental because of some tax implications. Is this true? She had said it was something about 6months or less is a vacation rental.

any rental less than 7 months will be charged taxes as if it was a hotel stay