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

When selling a property in Florida, you will not be subject to a state-level capital gains tax, boosting your profits. You should think about the IRS's main home exclusion if you've occupied the home for two out of five previous years—granting up to $500,000 in exempted gains for joint filers or $250,000 if unmarried. Renovations can raise your r