HOW TO MANAGE CAPITAL GAINS TAX WHEN SELLING A HOME IN THE SUNSHINE STATE

When selling a residence in FL, you will not face a state-level capital gains tax, enhancing your earnings. You may want to think about the IRS's principal residence exemption if you've occupied the home for at least two of the past five years—allowing up to $500,000 in exempted gains for joint filers or $250,000 if unmarried. Upgrades can raise