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

When selling a residence in the Sunshine State, you will not encounter a state-level capital gains tax, maximizing your profits. You should evaluate the Internal Revenue Service’s principal residence exemption if you've occupied the home for two of the last five years—granting up to a $500,000 tax exemption for spouses or $250,000 for single fi