Potential Renter Tax Question

[crazymonkeybee]

We are about ready to rent some points, but we have one small question. If I rent points, and a member makes my reservation, do I have to pay tax on the points at the resort, or is that not an issue because I am renting real estate from an owner? Sorry if it is a silly question.

Thanks in advance for your help!

Christina

 

[jmhillrph]

You will not owe any tax- part of what makes renting such a good deal!

 

[Mary Ellen]

As DVC owners we don't pay the 11% hotel tax, so using someone's DVC points (by renting them) I can't imagine you would either.

 

[Happy Birthday Cat]

Noy having to pay that 11% tax is one of the best and most often overlooked deal about DVC.

HBC

 

[MikeScott8]

You will not have to pay the hotel tax. we did not pay any hotel taxes using points we rented this past Jan.

I agree that the tax savings can add up. I have a simple spreadsheet that shows our savings being DVC members. and at first I didn't have the taxes figured in for the cost of the room for our trip this coming Jan, when I added on the 11% that was a couple hundred dollars a trip. close to the cost of a park pass. so I agree that it is another savings that helps.

Mike