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

When selling a home in Florida, you won’t be subject to a state-level capital gains tax, enhancing your returns. You ought to think about the Internal Revenue Service’s principal residence exemption if you've resided in the property for two out of five previous years—permitting up to $500,000 in exempted gains for spouses or $250,000 for sing