HOW TO MANAGE CAPITAL GAINS TAXES WHEN SELLING A HOME IN FLORIDA

How to Manage Capital Gains Taxes When Selling A Home in Florida

When listing a residence in FL, you don't encounter a state-level capital gains tax, maximizing your profits. You may want to evaluate the Internal Revenue Service’s main home exclusion if you've occupied the home for two out of five previous years—granting up to $500,000 in exempted gains for joint filers or $250,000 if unmarried. Improvements

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