Tourist development taxes are an important consideration for rental property owners on 30A, and Jen Kolar is one of the most knowledgeable agents in the area when it comes to navigating these obligations. Also known as transient rental taxes, these fees are applied to short-term rental stays and are required by local governments to support tourism infrastructure and services. Understanding the taxes and how to comply is critical for both legal and financial planning.
Jen explains that most counties along 30A, including Walton County, require rental property owners to collect and remit a combination of local tourist development taxes and state sales taxes. These taxes are generally calculated as a percentage of the rental rate and must be collected from guests at the time of booking or check-in. Tourist development taxes help fund local marketing, beaches, parks, and other amenities that benefit the tourism industry.
The specific rates vary depending on the county and sometimes the municipality. Jen guides her clients through determining the exact rate for their property and explains how it may change over time. For example, Walton County imposes a set percentage on short-term rentals, and some cities along 30A may add additional local assessments. She ensures buyers understand the total tax obligation and how it is applied to each rental transaction.
Jen also emphasizes the importance of registering with the county tax collector or local tax authority. Registration allows owners to remit taxes properly and avoid penalties. She helps clients complete all necessary paperwork, set up accounts for online reporting, and maintain records of all rental activity to comply with tax laws.
In addition to compliance, Jen advises buyers on best practices for integrating tourist development taxes into rental pricing. Proper planning ensures that taxes are collected efficiently, incorporated into guest charges, and remitted accurately, which reduces the risk of fines or legal issues.
Ultimately, understanding tourist development taxes is a key component of operating a short-term rental on 30A. With Jen Kolar’s expertise, buyers gain clarity on applicable rates, registration procedures, and reporting requirements. Her guidance ensures that property owners can manage their rentals efficiently, remain fully compliant, and focus on maximizing rental income while providing a positive experience for guests.