Ways to Handle Capital Gains Taxes When Selling A Home in the Sunshine State
When offloading a residence in Florida, you won’t face a state-level capital gains tax, maximizing your returns. You may want to consider the federal government’s main home exclusion if you've lived there for at least two of the past five years—granting up to a $500,000 tax exemption for spouses or $250,000 for single filers. Improvements can