THE SUNSHINE STATE'S CAPITAL GAINS TAX: A COMPREHENSIVE GUIDE

When offloading a residence in FL, you won’t encounter state capital gains tax, enhancing your profits. You ought to consider the IRS's main home exclusion if you've lived there for two out of five previous years—permitting up to $500,000 in exempted gains for go to my blog joint filers or $250,000 if unmarried. Improvements can increase your r