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

When listing a residence in FL, you won’t be subject to state capital gains tax, enhancing your profits. You may want to evaluate the Internal Revenue Service’s principal residence exemption 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 for others. Renovations