EXPLORING CAPITAL GAINS TAXES IN FLORIDA

Exploring Capital Gains Taxes in Florida

When offloading a property in Florida, you don't face a state-level capital gains tax, enhancing your returns. You may want to consider the IRS's main home exclusion if you've resided in the property for two of the last five years—granting up to a $500,000 tax exemption for married couples or $250,000 for single filers. Upgrades can increase your

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