WAYS TO MANAGE CAPITAL GAINS TAX WHEN SELLING PROPERTY IN FLORIDA

When listing a property in the Sunshine State, you will not encounter state capital gains tax, enhancing your returns. You may want to think about the federal government’s main home exclusion if you've resided in the property for two out of five previous years—granting up to a $500,000 tax exemption for married couples or $250,000 for others. U