I made $100K tax-free by flipping a house to myself! What if you could flip a house to yourself and keep all the profits tax-free? In this video, I break down exactly how I turned a $270K wholesale deal into $100K in tax-free cash, $200K in equity, and massive tax savings using creative real estate strategies. From acquisition and renovation to refinance and bonus depreciation, I’ll show you how to legally beat the IRS at their own game and build wealth like the pros. Timestamps: 00:00 – Why Tax Day Was the Worst Day of My Life 00:40 – The Strategy: Flip to Yourself & Avoid Taxes 01:15 – Intro to the Tempe Property Deal 02:00 – How We Got Paid $15K to Buy the House 02:45 – Property Overview: 4 Bed, 2 Bath in Tempe, AZ 03:20 – Why Tempe Is a Hot Investment Market 04:15 – Purchase Breakdown: $270K to $300K 05:10 – After Repair Value (ARV): $620K+ 06:00 – Full Renovation Cost: $100K 06:30 – Why I’m NOT Selling the Property 07:20 – How a Refi Beats Capital Gains 08:15 – Tax-Free Cash from the Refi Strategy 09:00 – $620K Bonus Depreciation & Tax Savings 10:00 – House Tour: Living Room, Kitchen & Design 12:00 – Why I Might Move In Instead of Renting 13:00 – Room-by-Room Breakdown & Future Plans 15:15 – Final Numbers Recap: Cash Flow + Equity 16:00 – Bonus Depreciation & Tax Benefits Explained 17:20 – Conclusion: Why You Should Be Creative with Your Real Estate
Key Takeaways: * Wholesale + flip + refi = cash, equity, and tax savings * Legal and smart way to keep your profits * Live in the property or rent it out—either way, you win
If you're tired of paying the IRS more than you should, or want to learn how to turn one deal into multiple income streams, subscribe now. Drop a comment: Would you flip this house or keep it?
As always, I appreciate each one of you guys for joining me on this YouTube journey. The goal is to hit 100k subscribers! You can help me out by liking the video and sharing it with a friend if you found it helpful.
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