THE SUNSHINE STATE'S CAPITAL GAINS TAXES: WHAT YOU NEED TO KNOW

When listing a home in Florida, you don't face state capital gains tax, maximizing your profits. You may want to consider the IRS's principal residence exemption if you've resided in the property for two out of five previous years—allowing up to $500,000 in exempted gains for married couples or $250,000 if unmarried. Upgrades can increase your re