Rules for Renting Your Home at Folly
All 2022 rental license renewals must be routed through the County’s online portal. here: Log in | Register (charlestoncounty.org). You now have until May 31, 2022 to renew your business license without penalty. Questions about renewals can be directed to businesslicense@charlestoncounty.org or 843-202-6080.
New licenses may be applied for by emailing a completed Business License Application https://cityoffollybeach.com/wp-content/uploads/2019/12/Business-License-App.pdf to licenses@follybeach.gov. To apply in person for a new license, visit the front desk of City Hall between 1pm and 5pm.
For questions about rental requirements please email licenses@follybeach.gov.
Please follow the checklist below to make sure you’re in compliance with City, County, and State regulations and taxes for renting your home.
1) A Business License is required for any home rental, both short term and long term. Please remember that short term rentals must have the business license number posted in the unit and in all advertisements for the unit.
New licenses: must be completed May 1. You may renew your Folly Beach license online for no additional charge through Charleston County’s webpage. If you don’t know your license account number, email the owner’s name of the rental property to licenses@follybeach.gov. You can also renew your license in person at City Hall by bringing in a completed Business License Application.
License renewals You now have until May 31, 2022 to renew your business license without penalty. 2022 rental license renewals must be routed through the County’s online portal. here: Log in | Register (charlestoncounty.org). You now have until May 31, 2022 to renew your business license without penalty. Questions about renewals can be directed to businesslicense@charlestoncounty.org or 843-202-6080.
2) A Rental Registration is required for short term rentals in addition to the business license. There is no charge for the rental registration, but you must complete it if you rent your house at any time on a short-term basis (less than 30 days).
Registrations for the 2022 Business License Year should be completed online. You must have your 2022 business license number in order to complete the registration. You can request it by emailing the owner’s name and the street address of the rental property to licenses@follybeach.gov.
Registration renewals of existing 2021 registrations for the 2022 must be completed by June 1, 2022. Do not mail in registrations. An online renewal form will be posted in early 2022. You must have a 2022 business license number to renew your registration. You can request it by emailing the owner’s name and the street address of the rental property to licenses@follybeach.gov.
3) Beach Rules must be posted in all short term rentals and provided to all renters.
4) Sales and Accommodations Taxes
The rules for when you are required to collect sales an accommodation taxes are complicated and depend on whether your house is a primary (4%) or secondary (6%) residence and how many days of the year it is rented. There are several types of taxes that must be collected, and some are paid to the State of South Carolina and some to Charleston County. Please contact the State Department of Revenue at (844) 898-8542 Option 6 (toll free) or (803) 898-5000 (local) with specific questions about State taxes you owe. Please contact Britt Miller at Charleston County with questions about County taxes, bmiller@charlestoncounty.org or (843)202-6095.
Below are some basic guidelines for taxes, but we encourage you to contact the State or Charleston County about your specific property.
If your home is your primary residence and it is taxed at a 4% property tax rate:
- You may rent your primary residence and continue to live in it during rentals (ie: having a roommate or boarder) without paying sales or accommodation taxes.
- You may rent your home without living in it for up to 15 days per year without charging accommodation tax or collecting state taxes. However, you must obtain a business license and complete a rental registration form with the City of Folly Beach.
- You may rent your home without living in it for up to 72 days per year and keep your 4% exemption, but you must collect all Sales and Accommodations Taxes, as outlined below for second residences. You must also obtain a business license and rental registration license. Failure to collect and pay the appropriate taxes will result in three years of retroactive penalties during the annual audit.
If your home is a second residence or taxed at a 6% property tax rate:
In addition to the business license, rental registration, and beach rules above, you must collect the following taxes. Even if you hire a property manager, you as the property owner are ultimately responsible for collecting these taxes from the renters and submitting them to the appropriate state and local agencies. You may itemize the taxes on rental bills as shown below. Failure to collect and pay the appropriate taxes will result in three years of retroactive penalties during the annual audit.
| State Sales Tax | 5.0% | Remitted to State |
| State Local Options Sales Tax | 1.0% | Remitted to State |
| State Accommodations Tax | 2.0% | Remitted to State |
| County Transportation Tax | 1.0% | Remitted to State |
| School District/ Education Tax | 1.0% | Remitted to State |
| County Accommodations Tax | 2.0% | Remitted to County |
| Folly Beach Accommodations Tax | 2.0% | Remitted to County |
| Total Taxes on Accommodations | 14.0% |
For questions, forms or additional information concerning the taxes please contact:
Amberly Flowers, aflowers@follybeach.gov or call: (843)588-7017.
For questions, forms or additional information concerning the taxes please contact:
Amberly Flowers, aflowers@follybeach.gov or call: (843)588-7017.
