NAVIGATING CAPITAL GAINS TAX IN FLORIDA

Navigating Capital Gains Tax in Florida

When selling a property in FL, you will not encounter state capital gains tax, maximizing your returns. You ought to evaluate the IRS's main home exclusion if you've lived there for at least two of the past five years—allowing up to $500,000 in exempted gains for married couples or $250,000 for others. Improvements can boost your home’s market

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