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

When offloading a property in FL, you will not encounter state capital gains tax, maximizing your profits. You ought to evaluate the federal government’s primary residence exclusion if you've lived there for two of the last five years—permitting up to a $500,000 tax exemption for spouses or $250,000 if unmarried. Improvements can raise your rea