WAYS TO HANDLE CAPITAL GAINS TAXES WHEN SELLING PROPERTY IN THE SUNSHINE STATE

When offloading a home in FL, you won’t be subject to a state-level capital gains tax, boosting your returns. You should evaluate the IRS's principal residence exemption if you've lived there for at least two of the past five years—allowing up to $500,000 in exempted gains for joint filers or $250,000 if unmarried. Renovations can boost your pr