HOW TO MANAGE CAPITAL GAINS TAX WHEN SELLING A HOME IN THE SUNSHINE STATE

When offloading a residence in the Sunshine State, you will not face state capital gains tax, boosting your profits. You should consider the Internal Revenue Service’s primary residence exclusion if you've resided in the property for two of the last five years—permitting up to a $500,000 tax exemption for spouses or $250,000 if unmarried. Impro