By: Terry
Jason, Thanks for sharing that background information. It sounds like that was quite an interesting dinner seminar. I wish I could have been there too. I’ve still got my fingers crossed that no changes...
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By: Todd - Fearless Men
This is great info! I didn’t know of this exemption. Now, for your next article, can you write how I can start making $100,000 a year to invest in property overnight?? Todd – Fearless Men recently...
View ArticleBy: Terry
Todd, Ha ha. That’s a good suggestion. As usual, you hit the nail right on the head, we have to have some money to get started. Many investors use the time tested technique of refinancing one house to...
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By: Untemplater
Good stuff to know Terry. Not many people like to think about taxes, but understanding how the various rules work can really make a difference and save a lot of money when filing time comes around....
View ArticleBy: How I sold my flat twice
[...] @ Fix ‘em Up, Rent ‘em Out talk about tax exemption when selling a home that is now a [...]
View ArticleBy: Terry
Untemplater, Thanks. This is one of those tax breaks that may not come up in conversation very often, but when it’s time to sell a house, you can use it to save a bundle of money.
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By: Giuliano
Great and informative article Terry. Tax exemptions can provide tons of savings. The key is to know what they are! I appreciate that you laid it out in plain English. Giuliano recently posted..Small...
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By: Weasel
Wow, this is great! I had no idea that you could claim a tax exemption when you sell a home that you had converted. Do you think it’s a good idea to live in a future rental before renting it? Weasel...
View ArticleBy: Terry
Weasel, Yes, I do think that it’s a good idea to live in a future rental before renting. There are a lot of financial advantages to living in an investment property while you repair it. I am writing a...
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