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

When listing a residence in FL, you don't encounter state-imposed capital gains taxes, maximizing your returns. You should evaluate the IRS's principal residence exemption if you've resided in the property for at least two of the past five years—permitting up to a $500,000 tax exemption for spouses or $250,000 for others. Renovations can increase