Uncover earnings when you sell your home

How to use the calculator & things to know:

1. How do I use the calculator?

Answer:  All 5 lines can use a standard numerical format, for example 500000. For percentages enter a % sign after the number, for example 3%. 

2. How much are closing costs?

Answer:  In Florida, both buyers and sellers pay closing costs, though the specific costs vary by county and can be negotiated.  Closing costs typically range from 2% to 6%.

3.How much are capital gains tax in Sarasota Florida?

Answer:  Florida does not charge a state income or capital gains tax, so you won't pay capital gains to the state if you sell your home in Florida.