How to Manage Capital Gains Taxes When Selling Property in the Sunshine State
When offloading a home in FL, you don't face a state-level capital gains tax, maximizing your profits. You may want to evaluate the federal government’s main home exclusion if you've lived there for two out of five previous years—granting up to $500,000 in exempted gains for married couples or $250,000 for others. Improvements can boost your pr