11/10/2022
How does The TooMuchEquity Method work?
The federal government allows homeowners to accrue equity in their primary residence tax-free up to a certain amount: $250,000 if single, $500,000 if married. Keep your home beyond these limits and you’ll be paying more in taxes when you sell. Selling when you reach those limits and transitioning to a new primary residence allows you to accrue more wealth tax-free.
A quick description of the TooMuchEquity Method and how this simple strategy can make you money while shrinking your tax bill. Curious if you have TooMuchEqu...