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

When selling a residence in Florida, you don't face state capital gains tax, enhancing your profits. You should consider the IRS's primary residence exclusion if you've occupied the home for two out of five previous years—permitting up to $500,000 exclusion for spouses or $250,000 for single filers. Improvements can raise your real estate’s wor