How to Manage Capital Gains Tax When Selling Investment Properties in Florida
When listing a home in FL, you don't face a state-level capital gains tax, boosting your earnings. You ought to consider the IRS's main home exclusion if you've resided in the property for two out of five previous years—allowing up to $500,000 exclusion for joint filers or $250,000 for others. Renovations can raise your real estate’s market pri