HOW TO MANAGE CAPITAL GAINS TAXES WHEN SELLING A HOME IN FLORIDA

When selling a home in FL, you won’t face state capital gains tax, maximizing your profits. You ought to evaluate the Internal Revenue Service’s principal residence exemption if you've resided in the property for two of the last five years—allowing up to $500,000 exclusion for joint filers or $250,000 if unmarried. Renovations can increase yo