Have you ever met a "serial home seller?" I have. They are fascinating people, usually the "handyperson type." They also enjoy bragging about how much tax-free profit they earn buying and selling fix-up houses. Perhaps you're getting the picture. Purchase Bob Bruss reports online. THE SECRET FIVE STEPS FOR EARNING $125,000 TAX-FREE PER YEAR Virtually every homeowner knows about the Internal Revenue Code 121 principal residence sale tax exemption up to $250,000 (up to $500,000 for a qualified married couple filing jointly). To be eligible for this tax exemption benefit, home sellers must have owned and occupied their principal residence at least 24 of the 60 months before its sale. Millions of home sellers use this tax break each year. However, few home sellers use this tax exemption to create a repeatable tax-free home sale business every 24 months. Here's how to create your own tax-free home sales business: (1) Buy a sound, well-located house needing cosmetic fix-up work. (2) M...
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