FLORIDA'S CAPITAL GAINS TAXES: WHAT YOU NEED TO KNOW

When selling a property in FL, you don't encounter state capital gains tax, boosting your earnings. You may want to think about the IRS's primary residence exclusion if you've lived there for at least two of the past five years—allowing up to $500,000 in exempted gains for spouses or $250,000 if unmarried. Renovations can raise your real estateâ€