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

When selling a home in Florida, you don't encounter a state-level capital gains tax, maximizing your profits. You may want to evaluate the federal government’s principal residence exemption if you've resided in the property for two out of five previous years—allowing up to $500,000 exclusion for married couples or $250,000 for others. Upgrades