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Re: Re: Rentals

[Q=phyl21] Dennis: We have started charging tax (based on the county) for online bookable units in South Carolina. Since this is a state law, we cannot waive it. The South Carolina Department of Revenue website states: "The rental of transient accommodations is subject to a 2% accommodations tax in addition to the 5% sales tax, and any applicable local tax...If you rent transient accommodations for no more than one week each calendar quarter, you are not required to obtain a retail license, but you still must report and pay the tax annually." So if the owner is not charging the renter this tax, it appears they would be responsible for paying it.[/Q] This is great to know. Does this mean if I use the Redweek full service and claim the income on my taxes, the short term rental tax etc is taken care of by Redweek? Also, does Colorado have similar short term rental taxes that Redweek processes? Thank you.