Ways to Manage Capital Gains Taxes When Selling Investment Properties in the Sunshine State
When listing a home in Florida, you don't be subject to state capital gains tax, enhancing your profits. You should consider the Internal Revenue Service’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 for others. Upgrades can inc