THE SUNSHINE STATE'S CAPITAL GAINS TAXES: WHAT YOU NEED TO KNOW

When listing a property in FL, you won’t encounter a state-level capital gains tax, enhancing your returns. You may want to consider the Internal Revenue Service’s main home exclusion if you've lived there for two out of five previous years—granting up to a $500,000 tax exemption for married couples or $250,000 for others. Upgrades can raise