While you are not married, you may need an attorney to break up here, so it's close enough.

You may have heard the phrase "Marry the property but date the rate..."

Keep it simple until it makes sense to build out more complexity.Its always better to date before you get married.

For individual taxpayers selling their principal residence, the IRS does provide an exemption up to $250,000 of the capital gains for single filers and up to $500,000 for married couples filing jointly.

Each area is different in that regard but to sell that as a point is completely misleading.The appreciation on the house, especially a new build, is almost non existent for some time you're actually marrying the fact it's "new and maintenance-free" with the premium.

Hello all new to the forum,  Jim Rohnn,  Rich dad Poor dad ect , BP podcast reader/ listener My name is Joshua i have a house  13 years and a w2 worker married with 2 girls native of Colorado,  would like to invest/ buy and hold  properties. 

It's like looking for someone to marry and the first question you have is "How are you in the sack"?

When they ultimately sell their houses, the gain may extend beyond the federal tax law's maximum exclusion amounts on capital gains of $250,000 for single filers and $500,000 for married couples.

I am married with children.I am interested in purchasing my first rental property, which I estimate will cost $200,000.

Every $100k in gain up to the limits, $250k (if single) or $500k (if married) will save you $15k in federal taxes and I’m guessing $5-10k in state taxes?