HOW TO HANDLE CAPITAL GAINS TAXES WHEN SELLING PROPERTY IN FLORIDA

When offloading a home in Florida, you don't encounter a state-level capital gains tax, enhancing your returns. You ought to consider the IRS's principal residence exemption if you've lived there for two out of five previous years—permitting up to $500,000 exclusion for spouses or $250,000 if unmarried. Upgrades can raise your home’s market pri