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June 2015

Found 2 blog entries for June 2015.


8% short-term rental tax effective July 1, 2015.

Here are the details:

WHO WILL OWE THE TAX?

  • Private Home Owners who rent their homes for fewer than 30 consecutive days will be required to obtain a sales tax permit and collect an 8% tax (7% sales tax plus a 1% hotel tax). Real estate commissions and cleaning fees included as part of the lease are also subject to the tax. Refundable damage deposits are not taxed.

WHO COLLECTS THE TAX?

  • Homeowners are responsible for collecting taxes from tenants. Homeowners are also responsible for collecting the tax if their tenants sublet their property (with or without their knowledge).

This is an excerpt of the DRAFT regulation distributed 6/24/15 regarding Agents' responsibility for tax

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What makes the perfect RI Beach House?

Everyone has their own criteria for RI beach house perfection. For me it's the sound of the surf at night, walking out the door onto the beach, a fried clam shack nearby (serving the "real" kind with bellies and tartar sauce), ice cream cones scooped by industrious kids seeking "tips for college," and, oh yes, I want to do these things with all the people I love, all at once, in one house big enough for togetherness and solitude.

Enter 115 Purgatory Rd, Middletown: Beach House for Sale

You might think this heavenly situation - a beach house for sale with all the right elements - is easy to find on Aquidneck Island. In fact, only a handful of homes have direct access to ocean beaches. 115 Purgatory Rd. is one

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