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

When listing a home in Florida, you don't face state capital gains tax, maximizing your profits. You may want to consider the Internal Revenue Service’s principal residence exemption if you've resided in the property for two out of five previous years—granting up to $500,000 exclusion for married couples or $250,000 for single filers. Renovatio