THE SUNSHINE STATE'S CAPITAL GAINS TAXES: A COMPREHENSIVE GUIDE

When listing a residence in Florida, you don't face state capital gains tax, maximizing your earnings. You should evaluate the IRS's principal residence exemption if you've occupied the home for two out of five previous years—allowing up to $500,000 exclusion for spouses or $250,000 if unmarried. Renovations can raise your real estate’s value,