FLORIDA'S CAPITAL GAINS TAX: A COMPREHENSIVE GUIDE

When listing a property in the Sunshine State, you don't be subject to state-imposed capital gains taxes, boosting your earnings. You should evaluate the IRS's principal residence exemption if you've resided in the property for at least two of the past five years—granting up to a $500,000 tax exemption for spouses or $250,000 for single filers. I