Step-Up in Basis in Florida

Step-Up in Basis in Florida

Many Florida families worry about taxes when a parent leaves them property. Wondering what is the meaning of step-up in basis in plain English? It is a tax rule that can lower capital gains tax on inherited items like real estate or stocks by resetting the cost basis...
The Florida Homestead Exemption

The Florida Homestead Exemption

Property taxes can climb fast and hit the wallet hard. The Florida Homestead Exemption offers real property tax relief for a primary home. It reduces the taxable value of a house, protects equity from many creditors, and helps families keep more cash each year. You...