EXPLORING CAPITAL GAINS TAX IN FLORIDA

Exploring Capital Gains Tax in Florida

When listing a residence in Florida, you don't face state capital gains tax, enhancing your profits. You ought to evaluate the federal government’s main home exclusion if you've lived there for at least two of the past five years—allowing up to $500,000 in exempted gains for spouses or $250,000 for others. Upgrades can raise your real estate’

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