EXPLORING CAPITAL GAINS TAXES IN FLORIDA

Exploring Capital Gains Taxes in Florida

When selling a property in the Sunshine State, you don't face state-imposed capital gains taxes, boosting your profits. You ought to evaluate the Internal Revenue Service’s primary residence exclusion if you've lived there for two of the last five years—allowing up to $500,000 in exempted gains for joint filers or $250,000 for others. Renovatio

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