Florida Homeowners Face Big Tax Crush

Posted: June 22, 2026 | Source: www.floridarealtors.org

According to the National Association of Realtors, many homeowners in Florida will face a large tax bill when they sell their homes. According to its report, 17.9% of Florida homeowners, and 15% of all U.S. homeowners, would have home sale profits that exceed the federal capital gains exclusion criteria of $250,000 for a single taxpayer and $500,000 for a married couple. The limits were set in 1997, but U.S. median home sales prices have gone up about 178% since 1997.