Episode Details

New tax laws on May 12th are reshaping the house flipping landscape, making it less profitable and more strategic. Investors are shifting focus from quick renovations to long-term holds or other investments with better tax breaks. The family home remains a good bet, but the game for investors has changed. Renovating for personal enjoyment is still sensible, but the days of guaranteed profit are over. The government aims to encourage home building, but this could lead to fewer existing homes for first-time buyers. With a tradesperson shortage, renovations are also becoming more challenging. The focus is now on more strategic wealth management, moving beyond the house renovation hustle.

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