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

When offloading a property in FL, you won’t be subject to state-imposed capital gains taxes, boosting your returns. You may want to think about the Internal Revenue Service’s principal residence exemption if you've resided in the property for at least two of the past five years—allowing up to $500,000 exclusion for joint filers or $250,000 fo