The Sunshine State's Capital Gains Tax: A Comprehensive Guide
When offloading a residence in FL, you don't encounter a state-level capital gains tax, boosting your profits. You should think about the IRS's principal residence exemption if you've lived there for two of the last five years—granting up to $500,000 in exempted gains for spouses or $250,000 for others. Renovations can boost your property's marke