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LIVE IN FLIP
The live-in flip is a great way to slowly and safely build wealth. Taking advantage of an IRS loophole, a homeowner can sell their home after living in it for two of the last five years and can avoid paying capital gains on up to $250,000 for a single homeowner and $500,000 for married homeowners.
Live-in flips require finding the right properties that will likely appreciate or where you can force appreciation, and then sell it. It’s easy to see how doing two or three live-in flips can generate large profits that can then be invested.