March 2024

Frequently Asked Questions About Capital GainsĀ 

When you sell an asset such as real estate, stocks, or other investments in Florida, you may be subject to capital gains tax on the profits you earned from the sale. Capital gains tax is a tax on the difference between the sale price of an asset and its cost basis, which is the original purchase price plus any expenses related to the purchase and sale of the asset, such as closing costs or real estate...

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