WAYS TO MANAGE CAPITAL GAINS TAX WHEN SELLING A HOME IN THE SUNSHINE STATE

When selling a home in Florida, you will not encounter state-imposed capital gains taxes, boosting your returns. You should evaluate the Internal Revenue Service’s principal residence exemption if you've lived there for two out of five previous years—granting up to $500,000 exclusion for joint filers or $250,000 if unmarried. Renovations can ra