FLORIDA'S CAPITAL GAINS TAX: WHAT YOU NEED TO KNOW

Florida's Capital Gains Tax: What You Need to Know

When selling a property in Florida, you don't be subject to a state-level capital gains tax, boosting your profits. You ought to think about the federal government’s principal residence exemption if you've resided in the property for at least two of the past five years—permitting up to $500,000 in exempted gains for married couples or $250,000

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