Tennessee Vacation Rental Tax

The property owner or property management company if one is used must collect and remit sales tax on the sales price of the rental.

Tennessee vacation rental tax.

Providing short term rentals of vacation lodging are required to register in the jurisdiction s in which the vacation lodging rental properties are located. To learn more see a full list of taxable and tax exempt items in tennessee. Choose from more than 10 000 properties ideal house rentals for families groups and couples. Explore an array of tennessee us vacation rentals including cabins houses more bookable online.

From 5 885 cabin rentals to 251 chalet rentals find a unique house rental for you to enjoy a memorable holiday or a weekend with your family and friends. Get a tennessee cabin rental and enjoy the spectacular scenery in all its splendor or book a vacation home or apartment and live like a local in the home of country rock and blues. The outbreak of covid 19 caused by the coronavirus may have impacted vacation rental tax filing due dates in tennessee. The owner or management company must collect sales tax at the local rate for the jurisdiction in which each vacation lodging rental property is located.

Tax laws are full of exceptions but the 14 day rule sometimes called the masters exception because of its popularity in georgia during the annual masters golf tournament is the most important for anyone considering renting out a vacation home. This page describes the taxability of leases and rentals in tennessee including motor vehicles and tangible media property. How many vacation rentals are available around gatlinburg tn. Learn about the 14 day rule.

Rent a whole home for your next weekend or holiday. The short term rental less than 90 consecutive days for sales tax purposes of vacation lodging including a person s home is subject to sales tax. Under this rule you don t pay tax on income you earn from the short term rental as long as you. A property management company shall owe business tax based on its gross proceeds from overnight rentals and gross proceeds from any other source subject to the business tax levied by this part.

All of tennessee s major cities have established short term rental rules knoxville was the last to do so but nashville does not have an occupancy tax collection agreement with the company. Please consult your local tax authority for specific details. While tennessee s sales tax generally applies to most transactions certain items have special treatment in many states when it comes to sales taxes. Tennessee is a state for foodies outdoors enthusiasts music lovers sports fans and fun seekers alike.