THE SUNSHINE STATE'S CAPITAL GAINS TAXES: A COMPREHENSIVE GUIDE

When offloading a home in FL, you don't encounter a state-level capital gains tax, enhancing your earnings. You should consider the federal government’s principal residence exemption if you've resided in the property for two out of five previous years—allowing up to $500,000 in exempted gains for spouses or $250,000 if unmarried. Improvements c