NAVIGATING CAPITAL GAINS TAXES IN THE SUNSHINE STATE

Navigating Capital Gains Taxes in the Sunshine State

When listing a home in Florida, you don't be subject to a state-level capital gains tax, boosting your profits. You may want to evaluate the federal government’s principal residence exemption if you've lived there for two of the last five years—granting up to a $500,000 tax exemption for spouses or $250,000 for single filers. Improvements can r

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