HOW TO HANDLE CAPITAL GAINS TAXES WHEN SELLING INVESTMENT PROPERTIES IN THE SUNSHINE STATE

When selling a residence in the Sunshine State, you won’t face state capital gains tax, boosting your earnings. You ought to think about the IRS's main home exclusion if you've occupied the home for at least two of the past five years—granting up to $500,000 in exempted gains for spouses or $250,000 if unmarried. Improvements can increase your