WAYS TO MANAGE CAPITAL GAINS TAX WHEN SELLING PROPERTY IN FLORIDA

When offloading a residence in FL, you won’t be subject to a state-level capital gains tax, boosting your earnings. You ought to consider the IRS's main home exclusion if you've resided in the property for at least two of the past five years—granting up to $500,000 exclusion for spouses or $250,000 for single filers. Renovations can increase yo