EXPLORING CAPITAL GAINS TAX IN THE SUNSHINE STATE

Exploring Capital Gains Tax in the Sunshine State

When listing a home in the Sunshine State, you will not be subject to a state-level capital gains tax, boosting your earnings. You may want to evaluate the IRS's principal residence exemption if you've occupied the home for at least two of the past five years—permitting up to a $500,000 tax exemption for spouses or $250,000 if unmarried. Upgrades

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