THE SUNSHINE STATE'S CAPITAL GAINS TAX: WHAT YOU NEED TO KNOW

When selling a home in FL, you don't be subject to state-imposed capital gains taxes, enhancing your earnings. You should evaluate the federal government’s main home exclusion if you've lived there for two out of five previous years—granting up to a $500,000 tax exemption for married couples or $250,000 if unmarried. Improvements can raise your