FLORIDA'S CAPITAL GAINS TAX: WHAT YOU NEED TO KNOW

When offloading a home in Florida, you won’t face state capital gains tax, enhancing your returns. You should think about the IRS's principal residence exemption if you've lived there for two of the last five years—allowing up to $500,000 in exempted gains for joint filers or $250,000 for single filers. Renovations can increase your home’s ma