FLORIDA'S CAPITAL GAINS TAXES: A COMPREHENSIVE GUIDE

When listing a home in FL, you don't face state capital gains tax, enhancing your earnings. You ought to think about the IRS's primary residence exclusion if you've occupied the home for two out of five previous years—granting up to $500,000 in exempted gains for spouses or $250,000 if unmarried. Renovations can boost your real estate’s worth,