THE SUNSHINE STATE'S CAPITAL GAINS TAX: A COMPREHENSIVE GUIDE

When offloading a residence in the Sunshine State, you don't face state-imposed capital gains taxes, boosting your profits. You should consider the federal government’s main home exclusion if you've lived there for two of the last five years—permitting up to $500,000 in exempted gains for married couples or $250,000 for others. Renovations can