HOW TO MANAGE CAPITAL GAINS TAXES WHEN SELLING A HOME IN THE SUNSHINE STATE

When offloading a home in FL, you will not face a state-level capital gains tax, boosting your earnings. You ought to think about the IRS's primary residence exclusion if you've lived there for two out of five previous years—allowing up to $500,000 in exempted gains for spouses or $250,000 for single filers. Renovations can increase your property