Florida's Capital Gains Taxes: What You Need to Know
When offloading a home in FL, you won’t be subject to state capital gains tax, maximizing your earnings. You ought to think about the IRS's principal residence exemption if you've lived there for two out of five previous years—permitting up to $500,000 in exempted gains for spouses or $250,000 if unmarried. Upgrades can raise your home’s wort