EXPLORING CAPITAL GAINS TAX IN FLORIDA

Exploring Capital Gains Tax in Florida

When offloading a home in Florida, you don't be subject to state-imposed capital gains taxes, boosting your earnings. You should evaluate the Internal Revenue Service’s primary residence exclusion if you've occupied the home for two of the last five years—granting up to a $500,000 tax exemption for spouses or $250,000 for single filers. Upgrade

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