WAYS TO HANDLE CAPITAL GAINS TAXES WHEN SELLING PROPERTY IN THE SUNSHINE STATE

When listing a property in Florida, you will not be subject to a state-level capital gains tax, boosting your profits. You should think about the IRS's principal residence exemption if you've resided in the property for two of the last five years—permitting up to $500,000 exclusion for joint filers or $250,000 if unmarried. Improvements can raise