How to Handle Capital Gains Taxes When Selling Investment Properties in the Sunshine State
When offloading a home in FL, you don't be subject to a state-level capital gains tax, enhancing your returns. You should think about the Internal Revenue Service’s principal residence exemption if you've resided in the property for two of the last five years—granting up to $500,000 in exempted gains for joint filers or $250,000 for others. Imp