How to Handle Capital Gains Taxes When Selling Investment Properties in the Sunshine State
When selling a home in Florida, you don't encounter a state-level capital gains tax, boosting your earnings. You may want to think about the Internal Revenue Service’s main home exclusion if you've lived there for two out of five previous years—granting up to $500,000 exclusion for spouses or $250,000 resource for others. Renovations can raise