THE SUNSHINE STATE'S CAPITAL GAINS TAXES: WHAT YOU NEED TO KNOW

The Sunshine State's Capital Gains Taxes: What You Need to Know

When offloading a residence in FL, you won’t face state-imposed capital gains taxes, enhancing your returns. You ought to evaluate the Internal Revenue Service’s primary residence exclusion if you've lived there for two out of five previous years—granting up to $500,000 exclusion for married couples or $250,000 for single filers. Improvements

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