HOW TO HANDLE CAPITAL GAINS TAX WHEN SELLING INVESTMENT PROPERTIES IN THE SUNSHINE STATE

When selling a property in Florida, you don't face state capital gains tax, maximizing your earnings. You may want to evaluate the federal government’s primary residence exclusion if you've lived there for at least two of the past five years—granting up to a $500,000 tax exemption for married couples or $250,000 if unmarried. Upgrades can boost