UNDERSTANDING CAPITAL GAINS TAX IN FLORIDA

Understanding Capital Gains Tax in Florida

When offloading a property in FL, you don't encounter state-imposed capital gains taxes, boosting your returns. You ought to evaluate the federal government’s main home exclusion if you've occupied the home for two of the last five years—permitting up to $500,000 exclusion for joint filers or $250,000 if unmarried. Upgrades can boost your prope

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