Upon the death of a joint tenant, the interest passes to the surviving joint tenant(s), rather than to the heirs of the deceased joint tenant.TENANCY BY THE ENTIRETY (OR A MARRIED COUPLE) - A form of ownership exclusively reserved for a married couple.

Recently married, paid off wife's student loan and now looking to build wealth through real estate investment. 

This book truly changed my life, so much so that I bought a copy just to give to my brother in the hopes that he at age 27 could take advantage of what I'd already passed at age 31 (he's single and doesn't own a house yet, whereas I'm married and have a home).I have to admit, when I started listening to and reading Bigger Pockets I was thinking all about increasing earnings and didn't understand why I would "rob" myself in the mean time and be "needlessly frugal."

The capital gains exemption is for single or married couples.

or  are there  other factors  .......you and  girlfriend wont be able to get VA loan together  unless you are  married .....you and her might try to get a  conventional  purchase loan to  purchase the property from  your parents and use the 20K  for the  down payment  and  costs 

I had my first home for some years, once I got married my wife and I need more room so went the the whole house hunting/loan process and moved out.

Furthermore, lets say you are have a top marginal rate of 22% (taxable income of $38,701 to $82,500 filing single; $77,401 to $165,000 filing married )--you would then be paying $4,400 to $5,170 in taxes on the recapture.

Standard deduction for 2018 is 24k married or 12k single so anything under these are tax free anyway.

Quick background, I am 21, live north of Seattle, am getting married this summer, and am currently doing software sales!

They are not married and are now splitting up.