THE SUNSHINE STATE'S CAPITAL GAINS TAXES: A COMPREHENSIVE GUIDE

When listing a residence in FL, you won’t encounter state capital gains tax, maximizing your returns. You should evaluate the IRS's main home exclusion if you've lived there for two of the last five years—allowing up to $500,000 in exempted gains for married couples or $250,000 if unmarried. Improvements can increase your property's market pric