Florida's Capital Gains Tax: What You Need to Know
When listing a residence in FL, you won’t face state-imposed capital gains taxes, boosting your returns. You may want to think about the IRS's main home exclusion if you've resided in the property for two of the last five years—granting up to a $500,000 tax exemption for joint filers or $250,000 for others. Upgrades can increase your property's