HOW TO HANDLE CAPITAL GAINS TAXES WHEN SELLING PROPERTY IN FLORIDA

When selling a residence in FL, you won’t encounter a state-level capital gains tax, maximizing your earnings. You should think about the IRS's principal residence exemption if you've occupied the home for two out of five previous years—granting up to $500,000 exclusion for joint filers or $250,000 if unmarried. Renovations can increase your re