Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 7 years ago,
File married jointly or separate?
My wife and I keep our financial accounts seperate, and simply share a mutual credit card that we equally contribute to for mutual expenses (mostly groceries). I purchased 2 houses with my own finances in 2017, which are completely in my name. Would we be best off filing separate?
My wife and I got married in 2016. She had $0 taxable income in 2016, but now has a full year of taxable income in 2017. I will also note that my wife and I are purchasing future investment properties together, starting 2018.
Would I be best off filing as separate? Any advantages for filing jointly?
Thank you