NAVIGATING CAPITAL GAINS TAXES IN FLORIDA

Navigating Capital Gains Taxes in Florida

When selling a residence in FL, you don't be subject to state capital gains tax, boosting your returns. You may want to evaluate the federal government’s principal residence exemption if you've resided in the property for at least two of the past five years—allowing up to $500,000 in exempted gains for spouses or $250,000 for others. Upgrades c

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