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

When selling a residence in the Sunshine State, you don't be subject to state capital gains tax, maximizing your earnings. You should consider the federal government’s main home exclusion if you've occupied the home for two of the last five years—allowing up to a $500,000 tax exemption for joint filers or $250,000 for single filers. Renovations