Ways to Handle Capital Gains Tax When Selling Investment Properties in the Sunshine State
When listing a residence in FL, you don't be subject to state-imposed capital gains taxes, boosting your profits. You may want to consider the IRS's primary residence exclusion if you've occupied the home for two of the last five years—granting up to $500,000 in exempted gains for married couples or $250,000 if unmarried. Upgrades can boost your