HOW TO MANAGE CAPITAL GAINS TAX WHEN SELLING INVESTMENT PROPERTIES IN FLORIDA

When offloading a property in FL, you won’t face state-imposed capital gains taxes, enhancing your returns. You should consider the federal government’s principal residence exemption if you've occupied the home for two out of five previous years—allowing up to $500,000 exclusion for spouses or $250,000 for single filers. Renovations can raise