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

When offloading a property in FL, you won’t face state capital gains tax, maximizing your returns. You ought to consider the IRS's principal residence exemption if you've resided in the property for two out of five previous years—granting up to $500,000 exclusion for married couples or $250,000 if unmarried. Upgrades can increase your home’s