THE SUNSHINE STATE'S CAPITAL GAINS TAXES: WHAT YOU NEED TO KNOW

When listing a property in Florida, you will not encounter a state-level capital gains tax, enhancing your profits. You may want to consider the IRS's principal residence exemption if you've occupied the home for two of the last five years—granting up to $500,000 in exempted gains for married couples or $250,000 for others. Upgrades can raise you