EXPLORING CAPITAL GAINS TAX IN THE SUNSHINE STATE

Exploring Capital Gains Tax in the Sunshine State

When selling a property in the Sunshine State, you don't be subject to a state-level capital gains tax, enhancing your profits. You may want to consider the IRS's main home exclusion if you've occupied the home for two of the last five years—granting up to $500,000 in exempted gains for joint filers or $250,000 for single filers. Upgrades can inc

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