NAVIGATING CAPITAL GAINS TAXES IN FLORIDA

Navigating Capital Gains Taxes in Florida

When offloading a residence in the Sunshine State, you don't be subject to state-imposed capital gains taxes, boosting your returns. You may want to evaluate the Internal Revenue Service’s primary residence exclusion if you've occupied the home for two of the last five years—granting up to a $500,000 tax exemption for joint filers or $250,000 f

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