Exploring Capital Gains Tax in the Sunshine State

When offloading a property in Florida, you will not be subject to state capital gains tax, enhancing your earnings. You ought to evaluate the IRS's main home exclusion if you've occupied the home for at least two of the past five years—permitting up to $500,000 in exempted gains for joint filers or $250,000 if unmarried. Renovations can boost you

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