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

When offloading a residence in FL, you don't be subject to state capital gains tax, enhancing your returns. You may want to evaluate the IRS's primary residence exclusion if you've lived there for two of the last five years—allowing up to $500,000 in exempted gains for married couples or $250,000 if unmarried. Renovations can boost your property'