EXPLORING CAPITAL GAINS TAX IN FLORIDA

Exploring Capital Gains Tax in Florida

When selling a residence in Florida, you won’t be subject to state-imposed capital gains taxes, boosting your profits. You should evaluate the federal government’s primary residence exclusion if you've resided in the property for two of the last five years—granting up to $500,000 exclusion for spouses or $250,000 for others. Upgrades can incr

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