NAVIGATING CAPITAL GAINS TAXES IN FLORIDA

Navigating Capital Gains Taxes in Florida

When listing a property in Florida, you don't face state-imposed capital gains taxes, enhancing your earnings. You should think about the IRS's main home exclusion if you've resided in the property for at least two of the past five years—granting up to a $500,000 tax exemption for spouses or $250,000 if unmarried. Improvements can increase your h

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