NAVIGATING CAPITAL GAINS TAXES IN FLORIDA

Navigating Capital Gains Taxes in Florida

When listing a home in FL, you won’t encounter a state-level capital gains tax, enhancing your earnings. You should think about the Internal Revenue Service’s principal residence exemption if you've resided in the property for two of the last five years—permitting up to $500,000 exclusion for joint filers or $250,000 if unmarried. Improvement

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