Under tax reform, 14.9% more Fla. sellers could owe capital gains taxes

If an owner today sells after two years, he doesn’t pay capital gains taxes. But under tax reform, the minimum stay increases to five years, which NAR says would force 14.9% of Fla. owners to wait up to two years if they want to sell their home.

Source: Association News: Reprinted with permission Florida Realtors. All rights reserved.
Reprinted with permission Florida Realtors. All rights reserved.

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