HOW TO MANAGE CAPITAL GAINS TAXES WHEN SELLING PROPERTY IN THE SUNSHINE STATE

When selling a property in the Sunshine State, you don't encounter a state-level capital gains tax, boosting your returns. You may want to think about the IRS's main home 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 if unmarried. Renovations can bo