WAYS TO HANDLE CAPITAL GAINS TAXES WHEN SELLING INVESTMENT PROPERTIES IN THE SUNSHINE STATE

When offloading a home in Florida, you don't encounter a state-level capital gains tax, maximizing your earnings. You ought to evaluate the IRS's principal residence exemption if you've lived there for two of the last five years—granting up to $500,000 exclusion for joint filers or $250,000 for others. Improvements can increase your property's va