FLORIDA'S CAPITAL GAINS TAX: WHAT YOU NEED TO KNOW

When listing a property in FL, you won’t face a state-level capital gains tax, boosting your returns. You may want to think about the Internal Revenue Service’s main home exclusion if you've resided in the property for two out of five previous years—permitting up to $500,000 exclusion for joint filers or $250,000 if unmarried. Renovations can