UNDERSTANDING CAPITAL GAINS TAX IN FLORIDA

Understanding Capital Gains Tax in Florida

When listing a property in the Sunshine State, you don't face state capital gains tax, enhancing your returns. You should think about the IRS's primary residence exclusion if you've lived there for two of the last five years—permitting up to a $500,000 tax exemption for married couples or $250,000 if unmarried. Upgrades can boost your real estate

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