Crazyhippy
Haters gonna Hate
- Joined
- Aug 24, 2008
- Messages
- 6,833
- Reaction score
- 5,201
The inmates always seem to come up with logical answers to some complex issues...
Wife and I have been kicking around the idea of escaping CA (but the weather's nice). We aren't quite ready to jump ship today, but 2-3yrs. That said, we feel this housing bubble isn't sustainable, and are seriously thinking of cashing out now.
She bought house 6 yrs ago for $550, Zillow/ Redfin are in the low $900's now. It has been our primary residence (covers the 2 in last 5 for capital gains concerns).
We got married in 2020 (hooray Covid Wedding) and haven't yet filed taxes. Do we need to file joint for 2020 to be covered for the 500k tax exemption (vs 250k as an individual), or can we file as we wish for 2020 and joint in 2021?
Concern with filing joint, is my Ex-Wife/ Baby Mama. She values money above all else and will pursue more child support if there is the smallest chance of getting it. Does filing jointly open us (wife and I) up to more child support?
Thoughts on Housing Bubble?
Taxes (yes, they are too damn high!)
Child Support BS?
Buy A Vowel?
Thanks,
Inmate #8675309
Wife and I have been kicking around the idea of escaping CA (but the weather's nice). We aren't quite ready to jump ship today, but 2-3yrs. That said, we feel this housing bubble isn't sustainable, and are seriously thinking of cashing out now.
She bought house 6 yrs ago for $550, Zillow/ Redfin are in the low $900's now. It has been our primary residence (covers the 2 in last 5 for capital gains concerns).
We got married in 2020 (hooray Covid Wedding) and haven't yet filed taxes. Do we need to file joint for 2020 to be covered for the 500k tax exemption (vs 250k as an individual), or can we file as we wish for 2020 and joint in 2021?
Concern with filing joint, is my Ex-Wife/ Baby Mama. She values money above all else and will pursue more child support if there is the smallest chance of getting it. Does filing jointly open us (wife and I) up to more child support?
Thoughts on Housing Bubble?
Taxes (yes, they are too damn high!)
Child Support BS?
Buy A Vowel?
Thanks,
Inmate #8675309