WAYS TO MANAGE CAPITAL GAINS TAXES WHEN SELLING A HOME IN THE SUNSHINE STATE

When selling a residence in Florida, you won’t be subject to state capital gains tax, enhancing your returns. You may want to consider the federal government’s main home exclusion if you've occupied the home for at least two of the past five years—allowing up to $500,000 exclusion for joint filers or $250,000 if unmarried. Improvements can ra