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

When selling a property in Florida, you don't encounter a state-level capital gains tax, enhancing your earnings. You should consider the federal government’s main home exclusion if you've occupied the home for two out of five previous years—allowing up to a $500,000 tax exemption for joint filers or $250,000 if unmarried. Improvements can boos