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

When listing a home in FL, you won’t face a state-level capital gains tax, enhancing your returns. You should evaluate the federal government’s primary residence exclusion if you've lived there for two out of five previous years—permitting up to a $500,000 tax exemption for spouses or $250,000 if unmarried. Improvements can raise your real es