WAYS TO MANAGE CAPITAL GAINS TAX WHEN SELLING INVESTMENT PROPERTIES IN FLORIDA

When offloading a residence in the Sunshine State, you don't be subject to a state-level capital gains tax, boosting your returns. You ought to consider the Internal Revenue Service’s primary residence exclusion if you've resided in the property for two of the last five years—granting up to $500,000 in exempted gains for married couples or $250