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

Florida's Capital Gains Taxes: What You Need to Know

When selling a home in the Sunshine State, you don't encounter state-imposed capital gains taxes, enhancing your returns. You ought to consider the federal government’s primary residence exclusion if you've resided in the property for at least two of the past five years—permitting up to $500,000 in exempted gains for married couples or $250,000

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