THE SUNSHINE STATE'S CAPITAL GAINS TAXES: WHAT YOU NEED TO KNOW

When offloading a home in Florida, you don't face state-imposed capital gains taxes, boosting your earnings. You ought to consider the federal government’s main home exclusion if you've lived there for two of the last five years—permitting up to $500,000 exclusion for spouses or $250,000 for single filers. Upgrades can boost your real estate’