Proc. 2002-69, 2002-2 C.B. 831, for special rules applicable to husband and wife state law entities in community property states.

Outside of real estate, I am a Firefighter and have a beautiful wife and 2 kiddos.Excited to learn and connect with you all! 

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $145,000

Cash invested: $15,000

I obtained the home 9 years and am holding it for cashflow as a single family long ...

Focus on tax-saving strategies such as cost segregation studies and bonus depreciation to accelerate deductions.By qualifying as a Real Estate Professional (spending 750+ hours annually and materially participating), you can offset your wife’s S-Corp income with real estate losses, reducing your tax liability.

My wife (who's from CR) and I are early in the process. 

Imagine investing in all new, beautiful finishes, only to discover that the drain pipes are faulty and need to be replaced—an issue that could have been identified and addressed beforehand.

Hi folks,My wife and I are looking to purchase a vacation cabin in Packwood not for use as an Airbnb. 

my wife if Norwegian  Wika   :)  raised on a little island in the Columbia River and family were all fishermen and loggers.Without doubt a brilliant and fierce women she is, SKOAL! 

Beautiful home.

Thank you @Dave Foster I look forward to my new venture and investing in real estate hoping to achieve financial freedom and enjoy my life with my kids and my beautiful wife that has a terrible debilitating autoimmune disease.