FLORIDA'S CAPITAL GAINS TAX: A COMPREHENSIVE GUIDE

When offloading a property in FL, you won’t face state capital gains tax, boosting your earnings. You should evaluate the Internal Revenue Service’s main home exclusion if you've occupied the home for at least two of the past five years—granting up to a $500,000 tax exemption for married couples or $250,000 for others. Upgrades can boost your