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

When offloading a home in Florida, you will not be subject to state capital gains tax, enhancing your profits. You ought to evaluate the IRS's main home exclusion if you've lived there for two of the last five years—granting up to $500,000 exclusion for spouses or $250,000 for single filers. Improvements can increase your home’s value, possibly