THE SUNSHINE STATE'S CAPITAL GAINS TAXES: WHAT YOU NEED TO KNOW

When selling a property in FL, you don't encounter state capital gains tax, enhancing your earnings. You should evaluate the Internal Revenue Service’s main home exclusion if you've occupied the home for at least two of the past five years—allowing up to a $500,000 tax exemption for joint filers or $250,000 for others. Renovations can boost you