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Part 6: Billionaire Grant Cardone on 10 Rules to Get Your Money Right
Part 1: Grant Cardone on His $60M Malibu Mansion Burning Down
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Real estate investor Grant Cardone revealed a strategy he pitched to President Donald Trump aimed at boosting single-family home sales across the U.S. Cardone’s key recommendation was to extend the depreciation benefits—currently available mainly to commercial properties—to individual homeowners. This change would allow homeowners to write off the value of their homes much faster, potentially up to $4 million annually, significantly reducing their tax burden.
He also suggested raising the capital gains tax exclusion on home sales from $100,000 to $1 million to account for inflation and increase incentives for homeowners to buy and sell. Additionally, Cardone proposed easing property taxes for seniors over 60 and reforming mortgage financing to make homeownership more accessible.
Cardone believes these tax reforms would energize the single-family home market, driving sales and investment, while providing substantial financial relief to families. These ideas remain part of the ongoing conversation about how to solve America’s housing affordability crisis.
