THE SUNSHINE STATE'S CAPITAL GAINS TAXES: WHAT YOU NEED TO KNOW

When listing a property in Florida, you don't face a state-level capital gains tax, maximizing your returns. You may want to consider the IRS's main home exclusion if you've resided in the property for two of the last five years—permitting up to $500,000 exclusion for joint filers or $250,000 for others. Renovations can boost your property's wort