HOW TO HANDLE CAPITAL GAINS TAX WHEN SELLING INVESTMENT PROPERTIES IN THE SUNSHINE STATE

When offloading a residence in FL, you will not encounter state capital gains tax, enhancing your earnings. You may want to consider the IRS's primary residence exclusion if you've lived there for two out of five previous years—permitting up to a $500,000 tax exemption for married couples or $250,000 for single filers. Renovations can increase yo