THE SUNSHINE STATE'S CAPITAL GAINS TAXES: A COMPREHENSIVE GUIDE

When listing a home in FL, you will not be subject to a state-level capital gains tax, enhancing your earnings. You may want to consider the federal government’s principal residence exemption if you've resided in the property for at least two of the past five years—allowing up to a $500,000 tax exemption for joint filers or $250,000 for single