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26 February 2025 | 27 replies
With LTRs if he is married and his wife can qualify for REPS.
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9 February 2025 | 2 replies
If you are married, put the debt for the family house in only one person's name.
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14 February 2025 | 8 replies
Remodel while the property is still in your name to increase its basis, which can reduce future capital gains taxes, and take advantage of the capital gains tax exclusion if you sell within three years (up to $250K for single filers or $500K for married couples).
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9 February 2025 | 9 replies
I married my wife in Atlanta back in 2019 and was a destination wedding and commercial photographer.
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6 February 2025 | 3 replies
I'm in my early 30s, married, with one child and another on the way.
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21 February 2025 | 17 replies
Marry the house.
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1 February 2025 | 12 replies
Capital gains are calculated as:Sale Price - (Original Purchase Price + Capital Improvements + Selling Costs) - depreciation (if applicable) = Capital GainYour mortgage or HELOC balance does not affect this calculation—it only determines how much cash you take home after the sale.In Massachusetts, if the home was your primary residence for at least 2 out of the last 5 years, you may qualify for the Section 121 Exclusion, allowing you to exclude up to $250,000 (single) or $500,000 (married filing jointly) of the gain from federal capital gains tax.
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26 February 2025 | 7 replies
I think we will see more "adult" families living together...kids move back in or parents move in with kids.The traditional apartment model was based on 12month leases, but jobs are not always 12 months and people want flexible terms, so co-living often offers that.Seems like younger people between 20-30 and some other age groups don't want to get married and start that housing pathway our parents and grandparents took.
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10 February 2025 | 6 replies
For our last single family residence we had a young married couple move in with a brother, all three applied.
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10 February 2025 | 3 replies
Single cap is $250K married $500K.