FLORIDA'S CAPITAL GAINS TAX: WHAT YOU NEED TO KNOW

When selling a property in Florida, you don't be subject to state capital gains tax, boosting your earnings. You may want to consider the federal government’s primary residence exclusion if you've resided in the property for two of the last five years—granting up to a $500,000 tax exemption for joint filers or $250,000 for others. Renovations c