Even if it were possible to wait it out and do a "gotcha" at the end, that's just not how I want to treat anyone. 

The area might just be extra popular at this time.

You are missing my point on taxes.Scenario 1:  Your partner buys the house at the same time you put your cash in.  

I am looking at doing an SBA loan but at their asking price it would still need over 100k. 

And depending on where it's at, it could take $100K-$200K for the down payment.

countyI...We use propstream and have found their valuations are always all over the place and take them with a grain of salt, but will look at the sales in the area/neighborhood.

If they have been paying well under market rent for a long time they may have a hard time suddenly managing a place at current market rents.

We are looking at the compound asset acquisition and also using the short term rental loophole for our future properties and likely moving my wife into the real estate professional position while I remain at my W2 position.To sum it up, I would like to know what higher income W2 earners are doing in order to help offset their W2 taxes or if there is a way? 

Quote from @Srini Rajamani: @Jared Smith  At this point, I feel I'd like to explore other business ideas I have (including real estate) before going back to tech. 

Melanie, as much as I understand where you're at with this, I would have to disagree based on personal experience.