EXPLORING CAPITAL GAINS TAX IN THE SUNSHINE STATE

Exploring Capital Gains Tax in the Sunshine State

When selling a residence in the Sunshine State, you won’t face state-imposed capital gains taxes, boosting your returns. You ought to think about the IRS's main home exclusion if you've occupied the home for two out of five previous years—permitting up to $500,000 in exempted gains for joint filers or $250,000 for others. Renovations can raise

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