All Topics / Help Needed! / What is ‘sales tax’ paid by the tenant in the US?

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  • Profile photo of labradorinlovelabradorinlove
    Member
    @labradorinlove
    Join Date: 2012
    Post Count: 48
    March 18, 2012 - 4:21 pm

    What is the deal with ‘sales tax’ in the monthly rent? I’ve just read over the lease agreement signed by a new tenant placed in my property and the PM is charging the tenant an extra $17 sales tax on top of the rent. I guess it’s good that it’s being paid by the tenant and not me but I was wondering if anyone can clarify what this is as I’ve never seen it before. Thank you

    Profile photo of InvestorMickInvestorMick
    Participant
    @investormick
    Join Date: 2008
    Post Count: 55
    March 22, 2012 - 5:27 am

    Each US State has it’s own individual sales tax added to everything (similar to our GST but added on after the purchase) so I guess they add it to rent also!

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