THE SUNSHINE STATE'S CAPITAL GAINS TAXES: A COMPREHENSIVE GUIDE

When offloading a property in FL, you don't be subject to state capital gains tax, enhancing your earnings. You may want to consider the federal government’s main home exclusion if you've resided in the property for two of the last five years—granting up to a $500,000 tax exemption for joint filers or $250,000 for others. Upgrades can raise you