I have a condo rental bussiness in seaside heights, nj. do i have to pay state occupancy fee and municipal taxes since im not a hotel or motel. my real estate agent said no.Do i have to pay new jersey hotel and motel occupancy fee and tax return?
You need to talk to the appropiate organization NJ. Is it short or long term rentals? If long term then no.Do i have to pay new jersey hotel and motel occupancy fee and tax return?
If you gain income from it, yes. Report all income to IRS no matter the circumstances. Check with state, for all states are different.
www.nj.com or www.newjersey.com
Hope this could be of great service!
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