NAVIGATING CAPITAL GAINS TAXES IN THE SUNSHINE STATE

Navigating Capital Gains Taxes in the Sunshine State

When selling a home in the Sunshine State, you won’t encounter state capital gains tax, enhancing your earnings. You may want to think about the federal government’s main home exclusion if you've lived there for two of the last five years—permitting up to $500,000 in exempted gains for spouses or $250,000 if unmarried. Upgrades can boost your

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