How to Manage Capital Gains Tax When Selling A Home in the Sunshine State
When offloading a residence in Florida, you will not face a state-level capital gains tax, enhancing your returns. You may want to consider the Internal Revenue Service’s main home exclusion if you've occupied the home for at least two of the past five years—allowing up to $500,000 exclusion for joint filers or $250,000 for single filers. Renov