NAVIGATING CAPITAL GAINS TAX IN FLORIDA

Navigating Capital Gains Tax in Florida

When offloading a home in FL, you don't be subject to state capital gains tax, maximizing your returns. You should consider the IRS's main home exclusion if you've lived there for two of the last five years—granting up to a $500,000 tax exemption for joint filers or $250,000 for single filers. Upgrades can increase your property's market price, p

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