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

When offloading a home in Florida, you will not be subject to state capital gains tax, enhancing your returns. You ought to evaluate the federal government’s main home exclusion if you've resided in the property for two out of five previous years—granting up to a $500,000 tax exemption for joint filers or $250,000 if unmarried. Renovations can