How to Manage Capital Gains Tax When Selling A Home in the Sunshine State
When offloading a property in Florida, you don't face state-imposed capital gains taxes, maximizing your earnings. You ought to think about the federal government’s primary residence exclusion if you've occupied the home for two out of five previous years—permitting up to $500,000 exclusion for spouses or $250,000 if unmarried. Upgrades can boo