Ways to Handle Capital Gains Taxes When Selling A Home in the Sunshine State
When offloading a property in Florida, you won’t be subject to state-imposed capital gains taxes, maximizing your returns. You should consider the IRS's primary residence exclusion if you've occupied the home for two of the last five years—granting up to a $500,000 tax exemption for joint filers or $250,000 for others. Renovations can raise you