EXPLORING CAPITAL GAINS TAX IN FLORIDA

Exploring Capital Gains Tax in Florida

When selling a residence in the Sunshine State, you will not be subject to state-imposed capital gains taxes, boosting your returns. You ought to consider the IRS's primary residence exclusion if you've occupied the home for at least two of the past five years—allowing up to $500,000 exclusion for spouses or $250,000 if unmarried. Renovations can

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