FLORIDA'S CAPITAL GAINS TAXES: WHAT YOU NEED TO KNOW

When selling a property in FL, you will not be subject to a state-level capital gains tax, maximizing your earnings. You may want to think about the Internal Revenue Service’s primary residence exclusion if you've lived there for two of the last five years—permitting up to $500,000 exclusion for spouses or $250,000 if unmarried. Improvements ca