The Sunshine State's Capital Gains Taxes: A Comprehensive Guide
When listing a home in FL, you will not be subject to state-imposed capital gains taxes, boosting your returns. You may want to consider the IRS's primary residence exclusion if you've occupied the home for two of the last five years—granting up to a $500,000 tax exemption for married couples or $250,000 if unmarried. Improvements can increase yo