WAYS TO MANAGE CAPITAL GAINS TAX WHEN SELLING PROPERTY IN THE SUNSHINE STATE

When selling a residence in Florida, you will not encounter a state-level capital gains tax, maximizing your returns. You ought to evaluate the Internal Revenue Service’s primary residence exclusion if you've lived there for two out of five previous years—granting up to a $500,000 tax exemption for married couples or $250,000 if unmarried. Reno