EXPLORING CAPITAL GAINS TAX IN FLORIDA

Exploring Capital Gains Tax in Florida

When offloading a property in Florida, you will not be subject to a state-level capital gains tax, enhancing your profits. You may want to evaluate the IRS's principal residence exemption if you've occupied websites the home for two out of five previous years—granting up to a $500,000 tax exemption for spouses or $250,000 for others. Improvements

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