UNDERSTANDING CAPITAL GAINS TAXES IN FLORIDA

Understanding Capital Gains Taxes in Florida

When listing a home in FL, you will not encounter a state-level capital gains tax, enhancing your returns. You may want to consider the federal government’s principal residence exemption if you've occupied the home for at least two of the past five years—allowing up to a $500,000 tax exemption for joint filers or $250,000 for others. Upgrades c

read more