NAVIGATING CAPITAL GAINS TAXES IN FLORIDA

Navigating Capital Gains Taxes in Florida

When offloading a property in FL, you don't face a state-level capital gains tax, maximizing your returns. You should think about the federal government’s principal residence exemption if you've lived there for at least two of the past five years—granting up to a $500,000 tax exemption for joint filers or $250,000 for single filers. Renovations

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