FLORIDA'S CAPITAL GAINS TAX: A COMPREHENSIVE GUIDE

When selling a home in the Sunshine State, you don't face state capital gains tax, maximizing your earnings. You may want to think about the Internal Revenue Service’s main home exclusion if you've lived there for two of the last five years—permitting up to $500,000 in exempted gains for joint filers or $250,000 for others. Upgrades can increas