FLORIDA'S CAPITAL GAINS TAXES: A COMPREHENSIVE GUIDE

Florida's Capital Gains Taxes: A Comprehensive Guide

When offloading a home in FL, you won’t be subject to state-imposed capital gains taxes, maximizing your earnings. You ought to consider the federal government’s main home exclusion if you've lived there for at least two of the past five years—allowing up to a $500,000 tax exemption for spouses or $250,000 if unmarried. Improvements can raise

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