WAYS TO HANDLE CAPITAL GAINS TAX WHEN SELLING A HOME IN THE SUNSHINE STATE

When offloading a residence in FL, you don't face state capital gains tax, boosting your profits. You should consider the Internal Revenue Service’s main home exclusion if you've lived there for two of the last five years—allowing up to $500,000 in exempted gains for married couples or $250,000 for others. Renovations can boost your real estate