ricciuti0903, Home Buyer in Fort Lauderdale, FL

is there a withholding tax on purchase of real estate in flroida?

Asked by ricciuti0903, Fort Lauderdale, FL Wed Nov 14, 2012

Help the community by answering this question:


Hi, there is no withholding tax on purchasing any property in Florida and only if you are a foreign national, upon the sale if your home would 10% if your sale price be held for up to one year to ensure the payment of taxes.
Should you have further questions, feel free to contact me.
Kind Regards,
Lynne Hale
0 votes Thank Flag Link Thu Nov 15, 2012
There may be a withholding tax if you do not have a Social Security or TIN Number.
0 votes Thank Flag Link Wed Nov 14, 2012
None of the taxes you will pay on your purchase of a home in Fort Lauderdale, or anywhere else in Florida, are witholding taxes. All of the very minor taxes you may pay go to the county where the property is located.

Marc Jablon, The Jablon Team
RE/MAX Complete Solutions
Web Reference: http://BocaRealtyGuide.com
0 votes Thank Flag Link Wed Nov 14, 2012
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