HOW TO MANAGE CAPITAL GAINS TAX WHEN SELLING A HOME IN FLORIDA

When selling a home in the Sunshine State, you don't encounter state-imposed capital gains taxes, boosting your profits. You should think about the IRS's main home exclusion if you've occupied the home for two of the last five years—permitting up to $500,000 exclusion for married couples or $250,000 if unmarried. Improvements can increase your pr