FLORIDA'S CAPITAL GAINS TAX: A COMPREHENSIVE GUIDE

When selling a property in FL, you don't be subject to state-imposed capital gains taxes, enhancing your earnings. You may want to consider the Internal Revenue Service’s main home exclusion if you've lived there for two out of five previous years—permitting up to a $500,000 tax exemption for joint filers or $250,000 for single filers. Upgrades