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    Jason G's Avatar
    Jason G is offline Senior Member
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    Dec 2005
    Location
    Cocoa beach, Florida
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    156

    Real-estate, tax exemption.

    Hi everyone,


    I have a question regarding Real-estate. My co-worker and I have considering buying a home that has been struck by the hurricanes. We are going to repair/ remodel the home.If all goes well and we make a significant profit off our first home we would reinvest the money into another home and remodel it.

    My question: Does anyone know of a tax exemption on buying two homes per year and remodeling and selling them?
    Last edited by Jason G; 01-18-2006 at 04:20 PM.
    God Bless,

    Jason

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