WAYS TO MANAGE CAPITAL GAINS TAX WHEN SELLING PROPERTY IN THE SUNSHINE STATE

When selling a home in FL, you don't be subject to a state-level capital gains tax, enhancing your earnings. You should evaluate the federal government’s primary residence exclusion if you've resided in the property for two of the last five years—granting up to $500,000 in exempted gains for spouses or $250,000 for single filers. Click Here Upg