UNDERSTANDING CAPITAL GAINS TAX IN THE SUNSHINE STATE

When listing a home in FL, you will not be subject to state-imposed capital gains taxes, boosting your profits. You may want to think about the IRS's principal residence exemption if you've occupied the home for at least two of the past five years—allowing up to a $500,000 tax exemption for married couples or $250,000 if unmarried. Upgrades can b