HOW TO HANDLE CAPITAL GAINS TAXES WHEN SELLING A HOME IN THE SUNSHINE STATE

When offloading a property in Florida, you don't encounter state-imposed capital gains taxes, boosting your profits. You should consider the IRS's principal residence exemption if you've resided in the property for two of the last five years—permitting up to $500,000 exclusion for married couples or $250,000 if unmarried. Renovations can boost yo