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  1. Thread: DIY Again

    by CR
    Replies
    113
    Views
    9,676

    This is a good point - he'd be able to offset the...

    This is a good point - he'd be able to offset the capitol gain if he paid someone else to do the work. However, there is a lifetime $500,000 exclusion on profits from sale of your home (assuming...
  2. Thread: DIY Again

    by CR
    Replies
    113
    Views
    9,676

    I don't see the couch example is wrong. If what...

    I don't see the couch example is wrong. If what I do during my leisure time is something that saves money vs something that costs money - I feel I get to count that as money saved.

    If I had a...
  3. Thread: DIY Again

    by CR
    Replies
    113
    Views
    9,676

    I was trying to say that for OP to get the money...

    I was trying to say that for OP to get the money to pay someone $40k to do "x" amount of work, OP would have had to earn $40k + taxes at some other job. So he's (ignoring the semantics of the word...
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