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

When selling a property in Florida, you will not face state-imposed capital gains taxes, maximizing your returns. You should evaluate the IRS's principal residence exemption if you've occupied the home for two out of five previous years—allowing up to a $500,000 tax exemption for spouses or $250,000 for others. Upgrades can boost your property's