WAYS TO HANDLE CAPITAL GAINS TAX WHEN SELLING INVESTMENT PROPERTIES IN FLORIDA

When offloading a property in FL, you will not face a state-level capital gains tax, boosting your earnings. You should think about the IRS's principal residence exemption if you've resided in the property for two of the last five years—allowing up to a $500,000 tax exemption for joint filers or $250,000 if unmarried. Upgrades can increase your r