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

When listing a home in Florida, you will not face a state-level capital gains tax, enhancing your profits. You ought to evaluate anchor the Internal Revenue Service’s main home exclusion if you've lived there for two of the last five years—granting up to $500,000 in exempted gains for spouses or $250,000 for others. Improvements can raise your