THE SUNSHINE STATE'S CAPITAL GAINS TAX: WHAT YOU NEED TO KNOW

When offloading a residence in FL, you will not face state capital gains tax, enhancing your earnings. You may want to think about the Internal Revenue Service’s principal residence exemption if you've lived there for at least two of the past five years—permitting up to a $500,000 tax exemption for joint filers or $250,000 if unmarried. Upgrade