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

When selling a home in FL, you will not face a state-level capital gains tax, maximizing your returns. You may want to evaluate the IRS's principal residence exemption if you've occupied the home for two out of five previous years—allowing up to a $500,000 tax exemption for married couples or $250,000 if unmarried. Improvements can raise your pro