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

When listing a property in Florida, you will not encounter state-imposed capital gains taxes, maximizing your returns. You may want to consider the IRS's main home exclusion if you've occupied the home for two out of five previous years—allowing up to a $500,000 tax exemption for married couples or $250,000 for others. Improvements can boost your