How to create wealth using home renovation and capital gains tax exclusions
Renovate to Riches shows novice real estate investors how to create wealth by purchasing homes, renovating them, and selling them at a profit. Because an individual or couple can sell a home every two years, often times without paying capital gains taxes, renovating homes is one of the most reliable ways to build wealth over time. This book shows readers how to develop a renovation strategy, secure financing, accomplish renovations on their own, sell for the best price, and much more. It also includes plans for renovating on a full-time or part-time basis, and details on how couples can work together to build wealth.
MIKE DULWORTH and TERESA GOODWIN have earned hundreds of thousands of dollars renovating homes in their spare
time. Mike is the Managing Director of Executive Development Associates (), and Teresa is a trained interior designer and independent producer for Second City Communications, the business theater group of The Second City in Chicago. Visit their website at renovatetoriches.