The Sunshine State's Capital Gains Tax: A Comprehensive Guide
When offloading a home in Florida, you don't be subject to a state-level capital gains tax, boosting your returns. You should consider the IRS's main home exclusion if you've occupied the home for at least two of the past five years—permitting up to a $500,000 tax exemption for spouses or $250,000 if unmarried. Upgrades can raise your real estate