FLORIDA'S CAPITAL GAINS TAXES: A COMPREHENSIVE GUIDE

Florida's Capital Gains Taxes: A Comprehensive Guide

When offloading a residence in FL, you will not encounter state capital gains tax, enhancing your profits. You ought to evaluate the Internal Revenue Service’s main home exclusion if you've lived there for two of the last five years—granting up to a $500,000 tax exemption for married couples or $250,000 for others. Upgrades can boost your home�

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