WAYS TO MANAGE CAPITAL GAINS TAX WHEN SELLING PROPERTY IN THE SUNSHINE STATE

When offloading a residence in FL, you won’t face state capital gains tax, boosting your earnings. You ought to evaluate the federal government’s principal residence exemption if you've resided in the property for two of the last five years—allowing up to $500,000 in exempted gains for spouses or $250,000 for single filers. Improvements can r