WAYS TO MANAGE CAPITAL GAINS TAX WHEN SELLING INVESTMENT PROPERTIES IN THE SUNSHINE STATE

When selling a property in FL, you will not be subject to state-imposed capital gains taxes, maximizing your earnings. You should evaluate the IRS's primary residence exclusion if you've occupied the home for two of the last five years—granting up to a $500,000 tax exemption for joint filers or $250,000 if unmarried. Renovations can boost your pr