FLORIDA'S CAPITAL GAINS TAX: WHAT YOU NEED TO KNOW

When listing a property in FL, you don't encounter state-imposed capital gains taxes, enhancing your returns. You may want to consider the IRS's main home exclusion if you've lived there for two out of five previous years—granting up to a $500,000 tax exemption for married couples or $250,000 for single filers. Improvements can raise your real es