Multi Family Owner Occupant - Tax Savings

[Preston Phillips]

Looking to buy a multi family (3 unit) owner occupant this year. Goal is to live in one, long term rent one unit and short term rental the bottom unit. Im reading the book on tax strategies volume 2, and I’m learning more about depreciation. I am curious what others have to say or  what they learned from a similar experience. My fiancée and I will be married next year (after 4/15), we will be over the $150k Adj Gross income threshold together but if we continued doing separate taxes we would fall below individually. I wasn’t sure how or if that could work as we would own the property together. Would love to get everyone’s thoughts and input on the matter. Thanks in advance!