HOW TO HANDLE CAPITAL GAINS TAXES WHEN SELLING PROPERTY IN FLORIDA

When selling a home in the Sunshine State, you will not be subject to a state-level capital gains tax, enhancing your profits. You should consider the Internal Revenue Service’s primary residence exclusion if you've lived there for two out of five previous years—granting up to $500,000 in exempted gains for spouses or $250,000 if unmarried. Ren