Question-If your taxable income for married filing jointly is less than the $83,350 threshold does that put you into the zero percent tax bracket for capital gains? 

I BELIEVE as long as they are filing joint tax returns they should be golden. 

Jointly and Severally Liable (he states that it is not needed because the payment has already been made)Late Charges( they are not staying longer than a month and payment has already been made)Security Deposit (not applicable should not be stated on the list)Possession ( this would be unacceptable as we have an exact term for our stay.

My thoughts were to set up a joint bank account with the seller where our interest payments go into the account and the existing mortgage gets auto drafted from that account and I can make sure that its getting paid for the 3 months or so while we a rehabbing the property.

So, if someone sells two others on buying a property, and all have some say in major decisions, then this is a joint venture, not a real estate syndication because there are no “passive” investors providing the bulk of the capital.  

We are not ready to marry yet, and file jointly, and whatever other requirement just to take advantage of the bump up to $500K on Section 121.  

If you can't extend the close of escrow, you can also partner with a few people through Joint Ventures which can be easily set up. 

It's less stressful knowing you have buyers waiting for the deals you are looking for.If you happen to find a deal that none of your buyers want then you could always joint ventuire with another wholesalerso your first 2 activities should be 1. build a list of buyers2, build a list of disposition wholesalers

The other side may argue that the Interest is Joint..  

Hello BP community,I have two tenants occupying a unit who are both "jointly and severally liable" for the full 12-month lease.