WAYS TO MANAGE CAPITAL GAINS TAX WHEN SELLING A HOME IN THE SUNSHINE STATE

When selling a residence in FL, you don't be subject to a state-level capital gains tax, boosting your profits. You should consider the IRS's principal residence exemption if you've occupied the home for two of the last five years—permitting up to $500,000 exclusion for spouses or $250,000 for single filers. Upgrades can boost your click for info