Only 1 deal every TWO years = freedom #shorts #fixerupper #losangeles

Feeling handy? Or looking to hire a contractor for your next rehab project? Taking advantage of this ‘2 Year Rule’ could be a good fit. With prices falling right now, the timing could work out well for you when it's time to sell. Be sure to check out the 30 sec video, but also here's the summary:1. Buy a home. 2. Live in it. 3. Fix it up. 4. Remain living in it for 2 years. 5. Sell it. * Married = exempt from paying taxes on up to $500,000 in proceeds.* Single = exempt from paying taxes on up to $250,000 in proceeds. **Always check with your accountant before taking action on a purchase/sale like this.**Questions? Give me a call/text/email anytime. 424-303-0582