THE SUNSHINE STATE'S CAPITAL GAINS TAX: A COMPREHENSIVE GUIDE

When selling a home in FL, you will not be subject to state capital gains tax, boosting your returns. You may want to consider the IRS's principal residence exemption if you've resided in the property for two out of five previous years—permitting up to a $500,000 tax exemption for joint filers or $250,000 if unmarried. Improvements can boost your