THE SUNSHINE STATE'S CAPITAL GAINS TAX: WHAT YOU NEED TO KNOW

When offloading a residence in the Sunshine State, you don't face state-imposed capital gains taxes, enhancing your profits. You may want to think about the federal government’s primary residence exclusion if you've occupied the home for at least two of the past five years—allowing up to $500,000 in exempted gains for joint filers or $250,000 f