The Broke Millionaires
Creative wealth building for everyday people.
We document our daily struggles in building wealth while raising a young family. Join us as we talk creative wealth building for everyday people and couples, that are struggling in a down economy.
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The Broke Millionaires
E36: The Struggles & Triumphs of Setting up an Out of State Furnished Rental.
We sit down for several updates with our projects and dive into how we go about setting up a furnished rental out of state. One of the programs we talk bout is the Ladder Up Home Loan Grant from City National Bank. This is for CA, NJ and NY residents. We also talk about the No Tax on Home Sales Act which aims to eliminate the capital gains tax on a primary residence. This is huge for us personally because we have 3 properties that have far surpassed the current exclusion cap so we are not able to sell homes we have lived in without triggering major tax bills.
We are looking for guests that have something helpful to share. If you or someone you know could make a good guest on the show, drop us a line to see if it would be a good fit info@thebrokemillionaires.com
