EXPLORING CAPITAL GAINS TAXES IN FLORIDA

Exploring Capital Gains Taxes in Florida

When selling a residence in Florida, you won’t be subject to state capital gains tax, enhancing your profits. You should think about the IRS's primary residence exclusion if you've resided in the property for two out of five previous years—granting up to $500,000 exclusion for joint filers or $250,000 for single filers. Upgrades can raise your

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