FLORIDA'S CAPITAL GAINS TAX: A COMPREHENSIVE GUIDE

Florida's Capital Gains Tax: A Comprehensive Guide

When offloading a residence in Florida, you will not encounter state-imposed capital gains taxes, enhancing your earnings. You should think about the IRS's principal residence exemption if you've resided in the property for two out of five previous years—granting up to $500,000 exclusion for spouses or $250,000 if unmarried. Upgrades can increase

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