UNDERSTANDING CAPITAL GAINS TAXES IN FLORIDA

Understanding Capital Gains Taxes in Florida

When listing a home in Florida, you won’t be subject to state capital gains tax, enhancing your returns. You may want to evaluate the federal government’s primary residence exclusion if you've occupied the home for two of the last five years—permitting up to $500,000 in exempted gains for married couples or $250,000 if unmarried. Renovations

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