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

When selling a home in FL, you don't face state capital gains tax, boosting your earnings. You ought to think about the IRS's main home exclusion if you've occupied the home for two of the last five years—permitting up to $500,000 exclusion for spouses or $250,000 if unmarried. Renovations can raise your property's value, possibly reducing the am