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

How to Handle Capital Gains Taxes When Selling A Home in Florida

When listing a property in FL, you will not face state-imposed capital gains taxes, maximizing your profits. You may want to consider the Internal Revenue Service’s main home exclusion if you've resided in the property for two of the last five years—allowing up to $500,000 exclusion for spouses or $250,000 if unmarried. Improvements can boost y

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