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

When selling a home in the Sunshine State, you won’t encounter state capital gains tax, enhancing your profits. You ought to evaluate the federal government’s principal residence exemption if you've lived there for two of the last five years—permitting up to $500,000 in exempted gains for spouses or $250,000 for single filers. Renovations can