JoanneYou can simply up your liability coverage on properties 11+ 

Get ready for the property taxes to jump after you make the purchase. 

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?!

If you pay market rent and your tenant in the other unit does too will both rents cover the loan, insurance, taxes, maintenance? 

I live in Spring TXfor reference my mortgage, taxes, and insurance are $1840 each month, $385 per year in HOA fees 

Unless the contractor has professional liability coverage, not many avenues for recovery and even then its a long and costly process assuming the carrier picks up coverage. 

CA taxes residents on worldwide income but may provide a credit for taxes paid to other states.

Yes, but you will be subject to UBIT taxes. 

The second would be to spread out taxes instead getting hit all at once from Uncle Sam. 

Don't forget to save up for closing costs, property taxes, insurance, and any potential repairs that may be needed.Start by connecting with nearby lenders or mortgage brokers to evaluate your financial preparedness and investigate loan possibilities.