Question 1

Does Florida have a state income tax?

Accepted Answer

No — Florida has no state income tax, one of the biggest financial draws for relocating buyers.

Question 2

Is now a good time to buy in Florida?

Accepted Answer

It depends on the local market and your goals. A local agent can break down current inventory, pricing, and seasonality for the specific area you are considering.

Question 3

What should I know about insurance?

Accepted Answer

Coastal Florida properties may require flood and wind coverage — factor these into your budget and ask your agent for guidance.