Our son is turning 25 and is already in the workforce.. we have jointly prequalified ourselves for a real estate purchase up to 500k, I think we will try and pick up a beginner property... our daughter is 22 and is still finishing up college... the story will continue!!

Do you file jointly with someone who has income that needs to be sheltered with RE losses? 

It's more of a joint compound for plaster work though.

Sometimes the solution is to team up with an investor in what is called a Joint Venture.

Some call it partnering but the better solution is Joint Venturing.

Any voids, ridges, or gaps under the LVP will lead to excess movement and splitting at the tongue/groove or click-lock joints. 

It also states, "Unlike the ownership requirement, each spouse must meet the residence requirement individually for a married couple filing jointly to get the full exclusion."

I would do your first few deals as Joint Ventures.

That’s the kind of investor we among others, joint venture with. 

Its like renting it to your husband if you file taxes jointly.