Then the last piece to my puzzle is I am expecting to switch jobs (from a W-2 to a completely different W-2 with similar pay) in the next month or 3. 

Like others have said, you cannot claim the tax losses until the funds are sold and "realized". 

Demand closely follows job growth and job creation.

The loss of priceless art, jewelry, autos, memorabilia and watches could often match or exceed the property values.

I have a W-2 job primary and my business partner has another business.

Jobs will be revised in 2024 to show a net loss in jobs.2.

With one long-term rental and a full time job, advance tax planning opportunities are going to be limited.

Great job. 

Since your combined income exceeds $300K, passive losses from long-term rentals are limited unless either you or your wife qualify as a Real Estate Professional (REPS).

This is opposed to saving the $50k-60k to cover major repairs and the extra $30k to cover unexpected emergencies (job loss, health problems, etc.)For context, we have another rental that we bought in September of 2021 with a conventional 30 year at 3.125% and purchase price of $410k.