@Nicole GrazianoI recommend that you have a consultation with a real estate tax accountant regarding your taxes.Bigger Pockets is a great place to find a real estate tax accountant. 

I looked into this as well since I'm getting terribly bent over on my w-2 taxes. 

If you continue filing taxes jointly the income you realize from your separate property will still need to be explained and redacted, regardless of the type of entity holding the real estate.

But, you still own house and benefits are as follows.1. tax benefits2. principal payoff on your note.3.

Selling and buying something else you want keep and doing a cost seg in would help with the tax burden probably better in this situation.

Another common practice for nationally sparse datasets such as tax data is aggregation.

I'm starting out doing redeemable tax deeds and going to auctions where everybody has "bigger pockets" than I do.

They remit the taxes.

Thanks for readingDavid $250,000 tax-free?

I am about to graduate college in May 2025, and will be making about $120k (pre tax) in my full time job postgrad (Washington DC area).