Page 16 - Boca ViewPointe - February '23

Page 16, Viewpointe February 2023
Tax Talk

Dear Friends: Keep in mind that requested personalizations are subject to I frequently receive questions about TDT, and I thought
This month, I thought I approval and availability. These plates can only be renewed I would share a few with you:
would share a few “fun facts” annually, and are replaced every five years. I want to list my property online (Airbnb, VRBO, or
about our office that I find quite other platform), do I need a Tourist Development Tax
interesting: ’Tis The Season – The Tourist (TDT) Account?
• In December, our Client Yes, if you are renting your property for six months
Care and Research Center Season That Is or less, you need to set up a TDT account, in addition to
answered 18,840 phone calls. a business tax receipt for short-term rental. Both can be
• The top five states from It is that time of year when everyone is fleeing the frigid obtained by visiting www.pbctax.com.
where newly licensed Florida temperatures and descending on our oasis in the sunshine. I need to create a TDT account, where do I start?
drivers previously resided Restaurants are busier and traffic is heavier. In 2022 in First, visit www.pbctax.com/tdt-support-center and
are New York, New Jersey, California, Pennsylvania and Palm Beach County, we collected $80,513,227.59 in tourist review our “How to Guides” for step-by-step instructions
Massachusetts. development tax (TDT), otherwise known as “bed tax.” This on how to create a TDT account.
• Each month, we electronically distribute more than 40,000 money is collected by my office and distributed to the county For any questions about tourist development tax, please
satisfaction surveys to clients who visit our service centers in and invested in beach restoration, infrastructure, marketing visit, www.pbctax.com/contact-us/tourist-development-tax.
person or contact our office by phone. for the county and more. For a full breakdown of TDT
• For this current property tax season, 65 percent of property expenditures, visit discover.pbcgov.org/touristdevelopment/ Noteworthy Dates
owners paid their property taxes during the month of November. Pages/default.aspx.
• The cat, pictured poking its head out of the milk can in our Anyone who rents or provides accommodations to Feb. 20 –President’s Day –
installment payment plan advertisement, is my very own kitty, visitors in Palm Beach County for six months or less is Office Closed
Ms. Bader. required to have a Tourist Development Tax Account and Feb. 28 –Deadline for Property
Regards, collect 6 percent of the total taxable rental receipts from the Tax 1 Percent Discount 
Anne M. Gannon, visitor. TDT must be reported monthly even if $0.00 revenue
Constitutional Tax Collector, is collected.
Serving Palm Beach County

Servicing PETS of Boca Raton
for over 20 years
“Caring is our Specialty”
Complete medical, Surgical and Dental
Facility SPA Bath & Grooming

Sheryl Sagel,
… And The Survey Says … ABR SFR BPOR RENE SRS RSPS
®
®
Delivering on our commitment to provide exceptional Broker Associate
customer service, my staff and I remain dedicated to
maximizing the efficiency of each transaction. Your COLDWELL BANKER REALTY
feedback is very important to us, and that is why we send Boca Raton Resort & Beaches
out surveys to clients who have interacted with our office 1200 N. Federal Highway, Suite 111
via phone or in-person at one of our service centers. We Boca Raton, FL 33432
are encouraged by the recent results, which indicate that Cell - (561) 400-4845
we are delivering on our promise of exceptional service. Search the MLS - sherylsagel.com
Our most recent quarterly client satisfaction surveys Search for New Homes - showingnew.com/SherylSagel
show that more than 50 percent of our clients rate
our service “exceptional” and another 31 percent
rate our service as “very good.” That means, more ARE YOU THINKING ABOUT SELLING
than 80 percent of our clients tell us that they had a
positive experience with our office. This puts our results OR RENTING YOUR HOME?
significantly higher than the 62 percent national average for
government offices similar to ours. We are thrilled that our
results are trending higher, and we will continue to strive I am working with buyers and renters who are motivated, serious, and
for “exceptional” with every transaction.
Thank you to the thousands of clients for their time and qualified!
effort in completing our surveys – we value your feedback!

Specialty Vs. Personalized 4 A buyer wants a one-story home, with or without a pool, in Boca
License Plates Pointe.

Have you ever thought about adding a little personality to 4 Several buyers want single-family homes with at least three
your vehicle? Specialty and personalized license plates allow
you to add that little something extra that your vehicle might bedrooms, or two + a den, in or near Boca Pointe.
be missing; however, there are some important differences:
Specialty License Plate
With over 100 plates from which to choose, these plates 4 Investors and future residents want to buy homes or townhomes in
raise funds for a variety of organizations throughout Florida need of renovation or repair.
and since the program began, millions of dollars have been
raised. These specialty plates include an additional fee
that is passed on to the sponsoring organization and varies 4 People are already planning for the next winter season and want to
depending on the plate. Like standard plates, specialty plates
can be renewed for either one or two years and are replaced find homes or condos that are available for rent starting in December
every 10 years. There are nearly two million specialty license or January.
plates currently issued in the State of Florida.
Personalized Plate The property information herein is derived from various sources that may include, but not be limited to, county records and the Multiple Listing Service, and it may include
If you want to add additional customization to your approximations. Although the information is believed to be accurate, it is not warranted and you should not rely upon it without personal verification. Affiliated real estate agents are
vehicle you might be interested in a personalized plate. For independent contractor sales associates not employees. ©2022 Coldwell Banker® Realty. All Rights Reserved. Coldwell Banker and the Coldwell Banker logos are trademarks of
Coldwell Banker Real Estate LLC. The Coldwell Banker® System is comprised of company owned offices which are owned by a subsidiary of Realogy Brokerage Group LLC and
an additional fee, you can request a five to seven character franchised offices which are independently owned and operated. The Coldwell Banker System fully supports the principles of the Fair Housing Act and the Equal Opportunity Act.
plate depending on the type of plate being personalized.