WAYS TO MANAGE CAPITAL GAINS TAX WHEN SELLING PROPERTY IN FLORIDA

When selling a residence in the Sunshine State, you don't be subject to state capital gains tax, boosting your earnings. You should evaluate the federal government’s primary residence exclusion if you've lived there for two of the last five years—allowing up to $500,000 in exempted gains for joint filers or $250,000 if unmarried. Upgrades can b