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

When listing a property in the Sunshine State, you will not encounter state capital gains tax, enhancing your returns. You should consider the IRS's primary residence exclusion if you've occupied the home for two out of five previous years—permitting up to a $500,000 tax exemption for joint filers or $250,000 for single filers. Upgrades can boost