HOW TO HANDLE CAPITAL GAINS TAXES WHEN SELLING A HOME IN THE SUNSHINE STATE

When listing a residence in FL, you won’t encounter a state-level capital gains tax, boosting your earnings. You ought to think about the IRS's principal residence exemption if you've lived there for two out of five previous years—granting up to $500,000 in exempted gains for joint filers or $250,000 if unmarried. Improvements can increase your