THE SUNSHINE STATE'S CAPITAL GAINS TAXES: WHAT YOU NEED TO KNOW

When selling a property in Florida, you will not face state capital gains tax, boosting your returns. You ought to think about the federal government’s principal residence exemption if you've lived there for two of the last five years—granting up to $500,000 in exempted gains for joint filers or $250,000 if unmarried. Upgrades can increase your