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

When listing a home in FL, you will not be subject to state capital gains tax, enhancing your returns. You may want to consider the federal government’s main home exclusion if you've occupied the home for at least two of the past five years—granting up to a $500,000 tax exemption for married couples or $250,000 for others. Renovations can raise