EXPLORING CAPITAL GAINS TAX IN FLORIDA

Exploring Capital Gains Tax in Florida

When selling a residence in the Sunshine State, you will not face state-imposed capital gains taxes, boosting your returns. You ought to evaluate the IRS's main home exclusion if you've occupied the home for at least two of the past five years—permitting up to $500,000 in exempted gains for joint filers or $250,000 if unmarried. Renovations can b

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