EXPLORING CAPITAL GAINS TAX IN FLORIDA

Exploring Capital Gains Tax in Florida

When selling a home in the Sunshine State, you don't face a state-level capital gains tax, boosting your returns. You may want to consider the federal government’s principal residence exemption if you've resided in the property for two of the last five years—allowing up to $500,000 exclusion for spouses or $250,000 for others. Improvements can

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