WAYS TO MANAGE CAPITAL GAINS TAX WHEN SELLING INVESTMENT PROPERTIES IN FLORIDA

When offloading a home in Florida, you won’t encounter a state-level capital gains tax, boosting your profits. You may want to evaluate the IRS's primary residence exclusion if you've lived there for at least two of the past five years—granting up to a $500,000 tax exemption for spouses or $250,000 if unmarried. Renovations can increase your pr