HOW TO HANDLE CAPITAL GAINS TAX WHEN SELLING PROPERTY IN THE SUNSHINE STATE

When selling a residence in FL, you don't encounter state capital gains tax, maximizing your returns. You may want to think about the federal government’s primary residence exclusion if you've lived there for at least two of the past five years—permitting up to $500,000 in exempted gains for joint filers or $250,000 for others. Improvements can