EXPLORING CAPITAL GAINS TAXES IN THE SUNSHINE STATE

Exploring Capital Gains Taxes in the Sunshine State

When offloading a home in Florida, you don't be subject to state capital gains tax, enhancing your earnings. You should think about the Internal Revenue Service’s principal residence exemption if you've occupied the home for two of the last five years—permitting up to $500,000 exclusion for married couples or $250,000 for single filers. Improve

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