FLORIDA'S CAPITAL GAINS TAX: A COMPREHENSIVE GUIDE

When offloading a property in FL, you don't face a state-level capital gains tax, maximizing your earnings. You ought to consider the IRS's principal residence exemption if you've occupied the home for at least two of the past five years—allowing up to $500,000 in exempted gains for married couples or $250,000 for others. Upgrades can increase yo