How to Manage Capital Gains Tax When Selling A Home in the Sunshine State
When selling a home in the Sunshine State, you don't be subject to state capital gains tax, boosting your returns. You ought to think about the IRS's main home exclusion if you've lived there for at least two of the past five years—allowing up to $500,000 in exempted gains for spouses or $250,000 if unmarried. Upgrades can boost your property's m