If a south Florida property search is on your to-do list, here’s a few things you may not have considered. Not only does Florida have no state income tax for full-time residents, if you retire here and want to leave the house or condo to the kids, that’s free, too.
Florida doesn’t have a state inheritance or estate tax on inherited property or other assets. So, you can leave the Florida house furnished for your family. Even your spoon collection! Florida also has the advantage of two sales tax holidays this year. Back to School includes tax exempt items from July 10 to Aug. 20.
Here’s examples: Electronic books • Flashcards • Interactive books • Jigsaw puzzles • Learning cards • Matching games • Memory games • Puzzle books • Search-and-find books • Stacking or nesting blocks or sets • Toys that teach reading or math skills.
There’s even a video: Florida Dept. of Revenue – Back-to-School Sales Tax Holiday
The Florida Hunting, Fishing and Camping Sales Tax Holiday is Sept. 1 to Dec. 31. Here’s the full list: https://floridarevenue.com/taxes/tips/Documents/TIP_26A01-06.pdf
