Hi. I'm a Newbie Host. I property in Naples. Hoping that you could lend a little assistance.
I understand that Airbnb pays the State Tax of 7%, but that I'm responsible to pay Tourist Tax of 5%. Good so far. Now, when Renters make a payment for the property, let's say $1,000, they also will pay the 12% or $120. Right? $100 of that $120 Airbnb will pay the County. I then need to make a payment of $20 for the Tourist Tax. do I have that correct?
many thakns