
10 Incredible Tax Benefits of Real Estate Investing
The Personal Finance Podcast
00:00
How to Buy a House That Needs Cosmetic Repairs
In the US, you can make tax free profit of up to $250,000 as an individual or $500,000 as a couple. Canada and the UK have slightly different rules, but the principle is actually very close to the same. And then keep in mind, this does not have to be a permanent strategy. You can do this, you know, two or three of these and then you'll have to do it again,. But you're getting paid to live in your house. So if you really like want to buy your dream houses, it's a great strategy too.
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