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

When offloading a residence in Florida, you don't be subject to a state-level capital gains tax, boosting your earnings. You should think about the federal government’s main home exclusion if you've resided in the property for two of the last five years—granting up to a $500,000 tax exemption for married couples or $250,000 for single filers. R