HOW TO HANDLE CAPITAL GAINS TAX WHEN SELLING PROPERTY IN FLORIDA

How to Handle Capital Gains Tax When Selling Property in Florida

When listing a residence in FL, you won’t face a state-level capital gains tax, boosting your returns. You may want to think about the federal government’s principal residence exemption if you've lived there for two of the last five years—allowing up to a $500,000 tax exemption for joint filers or $250,000 for single filers. Renovations can b

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