How to Handle Capital Gains Taxes When Selling Investment Properties in the Sunshine State
When offloading a residence in the Sunshine State, you don't face state capital gains tax, enhancing your returns. You ought 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 $500,000 in exempted gains for married couples or $250,000 for single filers. R