Building wealth through custom home building for primary residence and avoiding capital gain tax My partner works for a custom home builder and we just completed a large scale renovation on our primary residence with the intention of selling in the short term future (within 5 years). By managing the construction ourself, we saved approximately 20-30% on the total construction cost compared to someone who would hire a builder which helps a lot to resell profitably. Where I live, profit made on the sale of a primary residence is not taxed. My partner has worked for several builders where the owners have built their primary residence about every 5 years and made good money doing so, this is where we got the idea. Think high quality custom homes and gut job reno and building additions (not lipstick on a pig flips) in high demand areas. Live there a few years, sell and repeat the cycle. After completing our reno we have about 70% of our net worth in the home and 30% in other investments.…