NAVIGATING CAPITAL GAINS TAXES IN THE SUNSHINE STATE

Navigating Capital Gains Taxes in the Sunshine State

When selling a property in Florida, you don't encounter state-imposed capital gains taxes, enhancing your returns. You may want to consider the federal government’s principal residence exemption if you've resided in the property for two of the last five years—granting up to $500,000 exclusion for married couples or $250,000 for others. Renovati

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