WAYS TO MANAGE CAPITAL GAINS TAXES WHEN SELLING A HOME IN THE SUNSHINE STATE

When selling a property in Florida, you won’t face state capital gains tax, boosting your earnings. You should think about the IRS's main home exclusion if you've occupied the home for two of the last five years—allowing up to a $500,000 tax exemption for joint filers or $250,000 for single filers. Upgrades can increase your property's market p