Did you know that ‘sweat equity’ is tax-free?
If for example, you and your spouse buy a fixer-upper, work hard and bring it back to life and then sell it 2+ years later, any gain up to $500K is free for the two of you.
Today, Dave is going to share 6 great ways to save money by not paying taxes.
All these 6 ways are amazing and completely legal thanks to the U.S. government.
Look out, there just may be one idea that’s just right for YOU!
Free money is always a good thing in my book.
Take advantage when you can with one or even a few of these benefits.
As always, listening to this podcast or any worthy advice is all good, however, the most important step is to make these great ideas a reality.
Is there one you particularly liked? If so, make a decision this week to make it happen.
Questions for Review:
- Were you familiar with these 6 tax-free benefits for Americans?
- Is there 1 or 2 of these ways that you can begin implementing today?
- Can you think of any other ways to pay less in taxes (legally)?
Verse From the Episode: "Then he said to them, 'So give back to Caesar what is Caesar’s, and to God what is God’s.'” -Matthew 22:21