Would love to hear from others in similar situations or with more experience.

Form 3115 allows you to restore the fairness in this situation and "catch up" with the remaining $30k of depreciation that you failed to take in the years past.

Ideally, meeting with clients at least once to twice a year if their situation warrants it, especially if they have real estate professional or STR loophole. 

Use the partner to scale, not the refi, split the cash flow according to shares dictate in your operating agreement.There's multiple ways you can approach your situation; I just wanted to provide some fresh eyes from the outside looking in!

I am interested to hear what the other pros have to say about your situation and how they would recommend approaches this. 

Seems like with an up/down situation or even a side by side duplex in Denver is difficult to find positive cash flow.

My personal opinion is that, while shifting investments into real estate may be the right move for your situation, there is likely a lot of work to be done before you get to that step to avoid a potentially costly mistake. 

I had a unique situation where a family member lived in a home.

The mega backdoor roth sounds great in practice, but in real life situations I've never actually recommended it to anyone. 

For more affordable properties—those priced under $400,000—the timeline is even shorter, with many homes receiving offers within two weeks of being listed.This fast-moving market poses a particular challenge for first-time buyers who may not be as familiar with the urgency required in competitive bidding situations.