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Updated about 6 years ago on . Most recent reply

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41
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Catherine C.
  • New York
3
Votes |
41
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Live-In Flip Every year in New Town/State

Catherine C.
  • New York
Posted

Hi All. What are your thoughts on this? As a young couple, considering doing live-in flips every year in a new town and state to get involved in real estate investing, but also tour the country and move around every year or so to something new. Any thoughts?

Most Popular Reply

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408
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Deren Huang
  • Real Estate Agent
  • Tulsa, OK
242
Votes |
408
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Deren Huang
  • Real Estate Agent
  • Tulsa, OK
Replied

That would be an amazing way to travel and see the country.

I personally hate moving and it took me a long time to get to know my city. 

Also, to take advantage of the tax free personal residence exemption, I think it is a 2 year period. 

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