HOW TO MANAGE CAPITAL GAINS TAX WHEN SELLING PROPERTY IN FLORIDA

When selling a home in FL, you will not be subject to state-imposed capital gains taxes, enhancing your profits. You ought to evaluate the IRS's main home exclusion if you've resided in the property for two of the last five years—permitting up to $500,000 in exempted gains for joint filers or $250,000 if unmarried. Improvements can raise your pro