Sunday, October 20, 2013

Business Licenses for Valley Landlords

In a process that's becoming popular for raising City revenues throughout America, local Cities have established some new laws surrounding Landlords and the rental of their property both Long Term and Short Term (re: TOT Tax): Check with the Business License Department and/or Finance Department of your local municipality to determine what your responsibilities are for application of the appropriate license. The fee will not be large however it will require an annual renewal as long as you rent/lease the property. All jurisdictions are handling the scenario differently preventing the writer from giving you detailed information ... At least you are on notice ... Keep the faith !!!

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