WAYS TO MANAGE CAPITAL GAINS TAX WHEN SELLING PROPERTY IN FLORIDA

When selling a property in FL, you won’t encounter a state-level capital gains tax, maximizing your earnings. You ought to evaluate the Internal Revenue Service’s main home exclusion if you've lived there for at least two of the past five years—allowing up to $500,000 in exempted gains for joint filers or $250,000 for others. Renovations can