Nobody ever wants to move to a lesser House I do except for Mindy Yeah I always move to a lesser house and Then I make it gorgeous and then I sell It after two years the two years is very Important because why do I do this why Do I go from a beautiful house to a Garbage house because I make a lot of Money and I pay zero taxes on that money It is called the section 121 Exclusion and the IRS said hey Mindy Thanks so much for making this house Better up to five hundred thousand Dollars of your gain will be excluded From capital gains taxes that's our gift To you and I said well thank you IRS I Really appreciate that that's because I'm married if I was single it would Only be 250 000 so I'm actually hoping That I have to pay taxes on my flip that I'm in right now
