Bottom line florida has no state income tax, which means there is also no capital gains tax at the state level. This is because these nine states do not have an income tax. 2021 Capital Gains Tax Rates How They Apply Tips To Minimize What You Owe No, florida does not have an inheritance tax (also called an “estate tax” or “death tax”). Does florida have capital gains tax on real estate . Most property except your main residence (home) is subject to capital gains tax. You only pay them on realized gains upon sale. Florida residents and their heirs will not owe any estate taxes or inheritance taxes to the state of florida. What are capital gains taxes. All properties in florida are assessed a taxable value and owners are responsible to pay annual property taxes based on that value. Capital gains are your net profit when selling something you own. | dec 7, 2018 | commercial real estate leases | one of the most frustrating aspects of successfully investing in property...