How to Handle Capital Gains Taxes When Selling A Home in the Sunshine State
When listing a home in the Sunshine State, you will not be subject to state capital gains tax, enhancing your profits. You should consider the federal government’s main home exclusion if you've occupied the home for two of the last five years—permitting up to a $500,000 tax exemption for joint filers or $250,000 for others. Renovations can rais