NAVIGATING CAPITAL GAINS TAX IN FLORIDA

Navigating Capital Gains Tax in Florida

When offloading a home in Florida, you will not face a state-level capital gains tax, enhancing your profits. You may want to think about the Internal Revenue Service’s main home exclusion if you've lived there for at least two of the past five years—permitting up to a $500,000 tax exemption for joint filers or $250,000 for single filers. Renov

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