FLORIDA'S CAPITAL GAINS TAX: A COMPREHENSIVE GUIDE

When selling a property in Florida, you will not encounter a state-level capital gains tax, enhancing your returns. You may want to think about the IRS's main home exclusion if you've resided in the property for at least two of the past five years—granting up to a $500,000 tax exemption for married couples or $250,000 for others. Renovations can