FLORIDA'S CAPITAL GAINS TAX: A COMPREHENSIVE GUIDE

When selling a property in FL, you don't encounter a state-level capital gains tax, enhancing your returns. You may want to think about the federal government’s main home exclusion if you've lived there for at least two of the past five years—permitting up to a $500,000 tax exemption for spouses or $250,000 for single filers. Renovations can in