If I sell my home in florida, how much in taxes will I owe (percentage) and when? At closing or what.?

Answer 1

You have something like eighteen months to reinvest your capital gains, or so it was last time I had to deal with that issue. No taxes until that time.

Answer 2

If it is your primary home and you have lived in it atleast 2 years, you don't have to pay capital gains, in most cases (specially if you just go get yourself a new house). However, you will pay closing fees, which in my state includes a 1% excise tax, several hundred worth for the title company, realtor fee, pest inspection (200), etc. Figure in around 3% with no realtor, 10% with.