HOW TO HANDLE CAPITAL GAINS TAX WHEN SELLING PROPERTY IN FLORIDA

When offloading a home in the Sunshine State, you don't encounter a state-level capital gains tax, boosting your returns. You may want to consider the federal government’s principal residence exemption if you've resided in the property for at least two of the past five years—allowing up to a $500,000 tax exemption for spouses or $250,000 for si