How to Handle Capital Gains Taxes When Selling Investment Properties in Florida
When selling a residence in the Sunshine State, you don't face a state-level capital gains tax, boosting your returns. You ought to think about the IRS's primary residence exclusion if you've lived there for two out of five previous years—permitting up to a $500,000 tax exemption for married couples or $250,000 for others. Improvements can increa