UNDERSTANDING CAPITAL GAINS TAXES IN FLORIDA

Understanding Capital Gains Taxes in Florida

When listing a home in Florida, you will not face a state-level capital gains tax, maximizing your returns. You ought to evaluate the federal government’s main home exclusion if you've resided in the property for at least two of the past five years—granting up to a $500,000 tax exemption for joint filers or $250,000 for single filers. Improveme

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