I’m a little confused since all debt between married couples are shared.We resided in CA at the time of his passing and I still live in CA.Thank you kindly in advance.

I think we should make a distinction between properties that are paid off vs properties that still have a mortgage on them.I was thinking for the properties that are paid off to open an LLC with my kid (I only have one child who is in college) and deed those properties into that LLC.1) Question: lets say my son gets married, and then God forbid gets divorced, the LLC should not be affected by the divorce, right?

The worst part was this:  My main tenant got married, and was told by Section 8 that she was no longer eligible to receive Section 8 rent.  

Marry the property, date the rate!

Based on the above your view of a cap rate 1/2/4/6 becomes different than another investor.B.  1031, downsizing 2 out of 5 primary, corporate or military move, fired and moving, married and combined income, etc.  

@Jeff Cliff If you lived in the home 2 out of the past 5 years, you get a $250k exclusion from gain per person ($500k if married).

I will be getting married in August of this year!

Since it is an investment property you can 1031... but if you are married you don't pay so taxes on so much capital gains each year.

The total home equity debt on your main home and second home is limited to the smaller of: $100,000 ($50,000 if married filing separately), orThe total of each home's fair market value (FMV) reduced (but not below zero) by the amount of its home acquisition debt and grandfathered debt.

It explained How serious they were and how they were prepared to take the already existing FHA appraisal because it was within the time frame for a quick close.The letter did not say If they were married, If they were a couple, If they had kids, their race or any other piece of Fair Housing information.