Melanie Baldridge
Want to turn your primary residence into a rental property?
22 October 2024 | 4 replies
Or, even if it has appreciated more than the $500K tax free for a married couple.
Melanie Baldridge
Which jobs have the potential to qualify me as a Real Estate Professional?
23 October 2024 | 6 replies
Joint Filing Considerations.If you are married and file a joint tax return, either spouse can qualify as a real estate professional.
Melanie Baldridge
One of the best strategies is this
22 October 2024 | 18 replies
Marry someone wealthyStuart, it’s interesting that the “guru” programs fall into two classifications.
Abraham Orozco
Starting out in a community property state
21 October 2024 | 2 replies
I am married, and my wife does not want to have anything to do with acquiring more debt or me being in another mortgage and I live in Arizona a community property state.
Cody Anderson
Section 1031 and 121 Hybrid
21 October 2024 | 6 replies
You would only have to recapture depreciation.If you have more than $250K of gain ($500K if married) then you could do the same thing and take the $250K tax free.
Yoana Yordanova
I can't find renters for my townhouse in Atlanta, GA
26 October 2024 | 50 replies
If you lived there 2 of the previous 5 years any profits from a sale would be exempt from taxes up to $250k for a single person and $500k married filing jointly.
Ben Boscaccy
Starter Home Turned Investment Property
21 October 2024 | 0 replies
I was 23 and excited to buy a house fore me and my recently married wife.
Mark A. McElhannon
Tax liability when selling investment property
22 October 2024 | 11 replies
Allowing you to take the first $250k ($500k if married) of the gain tax free.
Steve Dora
New in every aspect!
21 October 2024 | 9 replies
I took a married tenant and turn them into an owners and now on to an investor with their first Duplex.
Jason Frink
Legal Advice Arkansas
20 October 2024 | 4 replies
Alfred never married so we check to see about surviving parents.