THE SUNSHINE STATE'S CAPITAL GAINS TAXES: A COMPREHENSIVE GUIDE

When selling a residence in Florida, you don't face a state-level capital gains tax, boosting your earnings. You may want to consider the IRS's principal residence exemption if you've lived there for two of the last five years—granting up to $500,000 exclusion for married couples or $250,000 for single filers. Renovations can raise your real esta