HOW TO HANDLE CAPITAL GAINS TAXES WHEN SELLING A HOME IN THE SUNSHINE STATE

When selling a home in the Sunshine State, you won’t encounter a state-level capital gains tax, boosting your earnings. You should evaluate the IRS's primary residence exclusion if you've occupied the home for two out of five previous years—permitting up to a $500,000 tax exemption for joint filers or $250,000 for single filers. Renovations can