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

When offloading a property in the Sunshine State, you won’t encounter state capital gains tax, enhancing your returns. You may want to think about the IRS's main home exclusion if you've lived there for two out of five previous years—granting up to $500,000 in exempted gains for spouses or $250,000 for others. Upgrades can boost your property's