HOW TO MANAGE CAPITAL GAINS TAX WHEN SELLING PROPERTY IN FLORIDA

How to Manage Capital Gains Tax When Selling Property in Florida

When selling a property in the Sunshine State, you won’t face state capital gains tax, maximizing your earnings. You should consider the Internal Revenue Service’s main home exclusion if you've occupied the home for at least two of the past five years—granting up to $500,000 exclusion for married couples or $250,000 if unmarried. Upgrades can

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