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

When selling a residence in the Sunshine State, you won’t face state capital gains tax, maximizing your earnings. You should consider the Internal Revenue Service’s principal residence exemption if you've occupied the home for two of the last five years—allowing up to $500,000 in exempted gains for married couples or $250,000 if unmarried. Im