FLORIDA'S CAPITAL GAINS TAXES: A COMPREHENSIVE GUIDE

When offloading a property in the Sunshine State, you will not face a state-level capital gains tax, maximizing your earnings. You may want to evaluate the IRS's main home exclusion if you've occupied the home for two of the last five years—granting up to $500,000 exclusion for spouses or $250,000 for single filers. Renovations can raise your rea