12-06-2022, 11:00 AM
We have rental properties and are married. Should we file separately?
<!-- SC_OFF --><div class="md"><p>I made $100,000 this year and she made $40,000 this year. </p> <p>It seems like there would be a marginal benefit if we file jointly based on tax bracket.</p> <p>But if we filed separately, it might be better for rental property deductions… she could write off losses up to $25,000. </p> <p>I don’t believe I would qualify since my income is too high.</p> <p>She has 1 property, I have 2. </p> <p>Anybody know?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/reblex310"> /u/reblex310 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/zdie21/we_have_rental_properties_and_are_married_should/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/zdie21/we_have_rental_properties_and_are_married_should/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>I made $100,000 this year and she made $40,000 this year. </p> <p>It seems like there would be a marginal benefit if we file jointly based on tax bracket.</p> <p>But if we filed separately, it might be better for rental property deductions… she could write off losses up to $25,000. </p> <p>I don’t believe I would qualify since my income is too high.</p> <p>She has 1 property, I have 2. </p> <p>Anybody know?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/reblex310"> /u/reblex310 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/zdie21/we_have_rental_properties_and_are_married_should/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/zdie21/we_have_rental_properties_and_are_married_should/">[comments]</a></span>