THE SUNSHINE STATE'S CAPITAL GAINS TAX: A COMPREHENSIVE GUIDE

The Sunshine State's Capital Gains Tax: A Comprehensive Guide

When listing a property in Florida, you won’t encounter state-imposed capital gains taxes, enhancing your returns. You ought to evaluate the Internal Revenue Service’s principal residence exemption if you've occupied the home for at least two of the past five years—granting up to a $500,000 tax exemption for spouses or $250,000 for single fil

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