FLORIDA'S CAPITAL GAINS TAX: WHAT YOU NEED TO KNOW

When offloading a home in the Sunshine State, you won’t encounter a state-level capital gains tax, maximizing your profits. You should consider the IRS's main home exclusion if you've resided in the property for at least two of the past five years—permitting up to a $500,000 tax exemption for spouses or $250,000 for others. Renovations can boos