FLORIDA'S CAPITAL GAINS TAX: WHAT YOU NEED TO KNOW

When offloading a property in Florida, you will not face a state-level capital gains tax, enhancing your profits. You ought to evaluate the IRS's principal residence exemption if you've lived there for two of the last five years—permitting up to $500,000 in exempted gains for married couples or $250,000 for others. Renovations can increase your h