The Sunshine State's Capital Gains Taxes: What You Need to Know
When listing a property in the Sunshine State, you don't face state-imposed capital gains taxes, boosting your profits. You ought to evaluate the IRS's primary residence exclusion if you've resided in the property for at least two of the past five years—allowing up to $500,000 in exempted gains for spouses or $250,000 for others. Improvements can