EXPLORING CAPITAL GAINS TAX IN FLORIDA

Exploring Capital Gains Tax in Florida

When selling a residence in the Sunshine State, you will not face state-imposed capital gains taxes, boosting your profits. You ought to consider the federal government’s principal residence exemption if you've occupied the home for two out of five previous years—granting up to a $500,000 tax exemption for spouses or $250,000 for others. Upgrad

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