NAVIGATING CAPITAL GAINS TAX IN FLORIDA

Navigating Capital Gains Tax in Florida

When selling a home in Florida, you won’t be subject to state capital gains tax, enhancing your earnings. You should evaluate the federal government’s primary residence exclusion if you've lived there for two of the last five years—granting up to $500,000 exclusion for joint filers or $250,000 for others. Renovations can raise your home’s v

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