My tax status is married and joint filing.Thanks in advance.

Looking forward to joint venture with others when opportunities come along.

Have you considered partnering or Joint Venturing (JV) on deals with others?

Case in point: James Beard Award-winning chef Rodney Scott is opening his newest BBQ joint right on the downtown strip.

@James Wise my knee-jerk reaction when I read the e-mail this morning was "Huh, so your telling me it's about to get a whole lot easier to negotiate for seller contributions". 

Hey @Fadela Zaoui - if its a court ordered sale... unlikely sellers would entertain seller financing, but the answer's always no unless you ask :) I recommend working with your broker to figure out what the sellers really want - sounds like one of the sellers wants to cash out so they may not be the person that wants to do seller financing BUT the other seller may be open to it.You could also potentially look at a joint venture option where you just buy out the seller that wishes to sell her portion, and partner up with the other equity holder who now gets to retain their piece of the pie. 

Is it best to do a joint tenancy, an LLC, or some other structure?

Section 121 allows a taxpayer to exclude $250,000 of gain($500,000 if married filing) joint on the sale of a personal residence that was lived in for 2 out of the last 5 years.

So on the lease, is it good to have just me as the landlord if the property is jointly owned by my spouse and I ?

Hi everyone, I filled my taxes jointly for the first time.Tax guy said I can't write off any repairs/upgrades because my wife and I W2 income is over $150,000.Is this correct?!