WAYS TO MANAGE CAPITAL GAINS TAX WHEN SELLING INVESTMENT PROPERTIES IN FLORIDA

When offloading a property in Florida, you don't encounter a state-level capital gains tax, maximizing your earnings. You should consider the Internal Revenue Service’s main home exclusion if you've occupied the home for two of the last five years—permitting up to a $500,000 tax exemption for joint filers or $250,000 for single filers. Upgrades