EXPLORING CAPITAL GAINS TAX IN THE SUNSHINE STATE

Exploring Capital Gains Tax in the Sunshine State

When offloading a residence in the Sunshine State, you don't encounter a state-level capital gains tax, boosting your earnings. You ought to evaluate the federal government’s main home exclusion if you've resided in the property for two of the last five years—granting up to $500,000 exclusion for married couples or $250,000 for others. Upgrades

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