THE SUNSHINE STATE'S CAPITAL GAINS TAXES: WHAT YOU NEED TO KNOW

When offloading a property in the Sunshine State, you don't face a state-level capital gains tax, boosting your profits. You should evaluate the IRS's primary residence exclusion if you've lived there for two out of five previous years—allowing up to $500,000 in exempted gains for spouses or $250,000 for others. Upgrades can increase your home’