Short take: If you file married jointly, you generally report both of your incomes and losses together, but S‑corp expenses are deducted on the S‑corp return and flow through to you via the K‑1, not as separate personal deductions.

Quote from @Matt Brown: Working on my Real Estate license for personal investing mostly, however also would really like to be working for myself again in the next couple of years.48 My wife had her house before we married and it is paid off nowI have a little money to invest in my hopefully new "hobby" (somewhere between 50-75K)I have a place to live so no house hack for me. 

You can exclude up to $500k gain if married and $250k gain if single. 

Hello Marvin,Pricing depends on the complexity of the estate, type of trust, if the parties on the trust are married, single, etc.Happy to recommend an attorney in New York, I'll shoot you a PM.All the best!

I essentially want to be able to marry the data easily from Buildium to quickly so I get a full financial view of my business.

Real estate is like getting married, its a long term relationship that you are 100% ready to dive in but still have some doubts.

We now have two elementary age daughters after having been married 17 1/2 years.

Perhaps if you happen to be married, consider options for your partner to become REP. 

We’re getting married in May 2026, but I’m hoping to buy before then because Missouri’s First Place Program offers below-market interest rates for first-time buyers who make under $96k household income.

You can sell that house and take the first $250K ($500K if married) of profit tax free.