Investments & Loans

A pretty easy way to make money is to renovate your principle place of residence.

Like all money things this is not what suits everyone. And I have decided lately that the only reason there is not a billion people doing it is because some people just hate the idea of it altogether.

The basic point is that you do not pay capital gains tax on you principle place of residence. So, you can by a property that you can work on and fix up, thereby increasing the capital value of the property.. flip the property for a profit, and pay no tax. Sweet.

Spread the word via StumbleUpon