The Importance of Strategic Thinking in Real Estate

Mindy bought a house in 2006, and was ready to sell at the bottom of 2010. She's now getting ready to sell it for 270 ish thousand more than she bought it for. Scott: "I buy incredibly unattractive houses... I make them look significantly more beautiful while I'm living in them as my primary residence" He says he pays no capital gains taxes thanks to the section 121 exclusion.