EXPLORING CAPITAL GAINS TAXES IN FLORIDA

Exploring Capital Gains Taxes in Florida

When offloading a home in the Sunshine State, you will not encounter state capital gains tax, maximizing your returns. You may want to consider the IRS's principal residence exemption if you've occupied the home for two out of five previous years—granting up to $500,000 exclusion for joint filers or $250,000 for others. Upgrades can increase your

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