, you are allowed to earn 500k married (250k single) before getting hit with taxes if the house is your primary residence for at least 2 years.

We did not need help in deciding what our investment niche would be; we needed help in creating and implementing a tax strategy plan for a married couple composed of a high-income earner and a real estate agent and business owner.A few weeks after paying the $25k, we set up our first meeting with our assigned CPA and started the so-called “advanced tax courses” provided, which are generic modules that only vaguely introduce financial concepts, topics, and terminology.

moving is not an option I’m married and my career is in Cali however I’ve discovered that I can use my IRA as reserves which is a huge help!

I have a unique situation that I cannot seem to find a very clear answer for, hopefully the BP community can assist.My wife and I got married last September and now live together in a house we purchased together.

Because he'll live in part of the MF he will get the profit associcated with that unit tax free up to $250K or $500K if married. 

Luckily, if you have lived in this home for at least two years, you can sell the property and use Section 121 to exempt up to $250K in capital gains (or $500K if you are married filing jointly). 

Then I got married had kids and started to enjoy my life.

Nice couple looking to get married a few years after college making $65k ea, doing way above median income together.

I am planning on being married in the next year and a half and my partner and I are currently saving up money so that we can start investing in real estate, we are targeting fall of next year to start and should be able to have $80,000-$85,000 to invest.

You'll pay no tax on gains below $250k (single) or $500k (married) if you lived there for 2/5 previous years.