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

When offloading a home in FL, you won’t be subject to state capital gains tax, enhancing your returns. You may want to evaluate the IRS's main home exclusion if you've lived there for at least two of the past five years—allowing up to a $500,000 tax exemption for married couples or $250,000 if unmarried. Improvements can raise your real estate�