Perhaps someone can spark an idea I have not considered yet.Last year midway through I lost my marriage.

From the link Duncan posted: "If you are a minister performing ministerial services, all of your earnings, including wages, offerings, and fees you receive for performing marriages, baptisms, funerals, etc., are subject to income tax, regardless of whether you earn the amount as an employee or self-employed person."

Find out for sure if that is the case.Sometimes zoning has special provisions for "mother-in-law" suites that restricts their rental to the general public and limits the use to somebody of blood or marriage relationship.

Marriage is definitely a team sport, but each player has to realize they do not have to play in an identical way to be a good team.Having a good deal happen can help.

I really appreciate that Josh has not "gone there" and remains at the alter waiting for that marriage. :)

I'd suggest not getting into the popular thinking or promotion of doing a 1031 until you get with a good tax advisor, one who has no interest in you doing one, and ensure that your marriage to the property type will last. 1031s have a valid place in your planning when it is truly beneficial, it's just that it isn't always.

Your lawyer will ensure you have an encompassing shareholders agreement that deals with all possible avenues of exit for one, or more, of the shareowners - life happens, partnerships dissolve, marriages break down, people want to do other things.

The flips were done at bad times and always ended up paying enough to clear up bills that my wife and I had incurred through college and the early marriage stage.

It can be stressful on a marriage if you're not on the same page.Tip...I got a flexible part time job as a substitute teacher...So, if I wasn't working on an extensive rehab, I worked at the school...In the beginning, I painted, cut grass and purchased all material to save $$$...If it's your Desire to do RE and you're 100% committed,  your husband will probably honor that...GL

Hey you can  always look at it like a marriage if it's broke you can fix it but if it's broken than replace it.