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

The Sunshine State's Capital Gains Taxes: A Comprehensive Guide

When selling a home in Florida, you don't be subject to a state-level capital gains tax, enhancing your profits. You ought to consider the federal government’s principal residence exemption if you've resided in the property for at least two of the past five years—granting up to $500,000 in exempted gains for spouses or $250,000 for others. Impr

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