WAYS TO MANAGE CAPITAL GAINS TAX WHEN SELLING PROPERTY IN THE SUNSHINE STATE

When offloading a home in FL, you don't be subject to state capital gains tax, boosting your earnings. You may want to think about the Internal Revenue Service’s principal residence exemption if you've occupied the home for two out of five previous years—allowing up to $500,000 in exempted gains for joint filers or $250,000 for others. Improvem