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

When offloading a home in FL, you don't face a state-level capital gains tax, enhancing your returns. You should think about the federal government’s primary residence exclusion if you've lived there for two out of five previous years—granting up to $500,000 exclusion for joint filers or $250,000 for single filers. Improvements can raise your h