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

When listing a residence in Florida, you won’t face state-imposed capital gains taxes, enhancing your returns. You should evaluate the IRS's primary residence exclusion if you've occupied the home for two out of five previous years—allowing up to a $500,000 tax exemption for married couples or $250,000 for single filers. Upgrades can boost your