In Episode 48 of the Real Life Planning Podcast, Cynthia Meyer, CFA®, CFP®, ChFC®, breaks down the live-in flip strategy - a unique approach to real estate investing where homeowners renovate their primary residence and sell it for a profit after at least two years. She explains how this strategy can help investors maximize tax-free capital gains under Section 121, outlines financing options, and shares insights into the benefits and challenges of living in a renovation. This podcast is for educational purposes only.

"...if you are somebody that loves the work on home renovation projects, this could be a good fit for you.” - Cynthia Meyer

This week on Real Life Planning Podcast:

💡 What is a live-in flip, and how does it differ from a traditional flip? [00:01:20]

💡 How does the Section 121 capital gains tax exclusion work? [00:02:06]

💡 What are the pros and cons of a live-in renovation? [00:06:12]

💡 How can you finance a live-in flip? [00:12:44]

💡 What are the key tax rules and eligibility requirements? [00:17:45]

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About the Real Life Planning Podcast

Hosts Cynthia Meyer and Vekevia Tillman-Jones explore practical steps for real estate investors to build financial freedom and make working for someone else optional.

The ReaL Life Planning Podcast is for educational purposes only. None of the information discussed is intended as investment, tax, accounting, or legal advice, nor as an offer or solicitation of an offer to buy or sell, or as an endorsement of any company, security, fund, real property, or other securities or non-securities offering.

Real Life Planning, LLC is an Investment Advisor registered with the States of New Jersey, New York, Texas, Virginia, and California. All views, expressions, and opinions included in this communication are subject to change. This communication is not intended as an offer or solicitation to buy, hold or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy, or completeness of, any description of securities, markets or developments mentioned. Our current disclosure brochure, Form ADV Part 2, is available for your review upon request, and on our website, REALLIFEPLANNING.COM.