EXPLORING CAPITAL GAINS TAXES IN THE SUNSHINE STATE

When offloading a home in the Sunshine State, you won’t encounter a state-level capital gains tax, boosting your earnings. You may want to consider the Internal Revenue Service’s main home exclusion if you've resided in the property for two of the last five years—allowing up to $500,000 exclusion for joint filers or $250,000 if unmarried. Upg