FLORIDA'S CAPITAL GAINS TAX: WHAT YOU NEED TO KNOW

Florida's Capital Gains Tax: What You Need to Know

When offloading a home in Florida, you will not be subject to state-imposed capital gains taxes, enhancing your returns. You may want to think about the IRS's principal residence exemption if you've lived there for two of the last five years—permitting up to a $500,000 tax exemption for joint filers or $250,000 for others. Improvements can boost

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