capital gains tax in florida

[janela]

Has anyone ever sold a property in Florida and made a capital gain. How was the tax situation sorted out - I understand that an amount is automatically deducted but that an exemption can be obtained. If this is so, how does this work and is it necessary to employ a tax accountant to manage this.

[emma_26]

Im not sure about your circumstances but i know someone who sold a house here and was worried about capital gains tax and an accountant she knew just told her if she dont declare it she dont pay it. simple as! but not sure about florida properties sorry