HOW TO MANAGE CAPITAL GAINS TAX WHEN SELLING PROPERTY IN FLORIDA

When listing a property in Florida, you won’t be subject to a state-level capital gains tax, maximizing your profits. You should consider the Internal Revenue Service’s principal residence exemption if you've resided in the property for two of the last five years—permitting up to a $500,000 tax exemption for married couples or $250,000 if unm