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18 February 2025 | 8 replies
Please consult with an attorney that is familiar with 1031 exchanges.If you move into the farm after two years and later sell it, capital gains will be prorated based on investment vs. primary residence use, limiting your Section 121 exclusion ($250K single / $500K married).
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18 February 2025 | 16 replies
Plan on staying married no matter how rocky it gets, work through it, it's worth it.
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3 February 2025 | 8 replies
One thing to note when getting conventional mortgages and spouses.There is a 10 limit per person for conventional financing.You can either do 10 conventional in each person's name which would be 20 mortgages for 2 people or if you do the mortgages jointly, will only allow 10 in total.My thoughts are not to own joint assets until you are both married.
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25 February 2025 | 3 replies
Hi,I am looking for advice as what you would do.I am open to almost anything.Here some Info about me.I am 34 year old married and soon to be dad.
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16 February 2025 | 5 replies
I’m 25 years old, recently married, and hold a degree in Computer Science.
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4 February 2025 | 2 replies
A close friend of the family ,who was married, and had a house together got divorced and in between that time, she did a QC and removed her name from the deed.
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13 February 2025 | 7 replies
What if she gets married again and he wants her to move into his place instead of living so close to you?
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10 February 2025 | 6 replies
Or sell using the 1031 exchange along with a partial 121 primary residence exemption There is a way you could take advantage of the 121 primary residence exclusion allowing you to take the first $250k of the gain tax free ($500k if married) and qualify for a 1031 exchange.Say you purchase a property as your primary residence (house hack extra rooms for extra income) and lived there for two years while stationed there.
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8 February 2025 | 29 replies
I don't have any investments yet mostly because my wife and I just got married and bought our primary residence.
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21 February 2025 | 2 replies
It would be cool to learn about that more, even if your work is in another state.Although I'm not married to the idea of working with any asset, I've had some interest in industrial space.