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

When selling a home in the Sunshine State, you don't be subject to state capital gains tax, boosting your profits. You should evaluate the Internal Revenue Service’s primary residence exclusion if you've resided in the property for at least two of the past five years—granting up to a $500,000 tax exemption for joint filers or $250,000 for other