Looking to lease a house or condo for six months? ADD A DAY! Why? “Transient Taxes” run 13% in Miami Dade (above and beyond your lease amount… just like with HOTELS)… but there’s no transient tax if you add a day!
In Miami a 13% TAX applies to leases that are 6 months OR LESS (…cottages, pied-a-terre’s, condos, homes, etc.) throughout Miami-Dade County. Florida tax runs 6%. Miami-Dade tax runs 7% . (13% in total) .
County taxes vary …. but in Miami you’re looking at 7% … plus a 6% Florida tax (13% total) for leases/rentals LESS THAN 6 MONTHS . Since there is NO TAX on leases greater than 6 months… just add a day.
Looking for an experienced Realtor? I’ll be happy to assist … Call or send me a note here… or take a look a MiamiRealEstateCafe.com for insight on buying, selling, or leasing property in Miami… and finding the best deals.
