Option 2: I can sell it and pull all the equity tax free, since I'm married and it's our primary residence.

The reality is many of these are not deals because the sellers will not do subto.Its like asking a married person to marry you and leave their spouse.

The SMLLC was treated as a disregarded entity for tax purposes (married filing jointly). 

If you lived in your primary residence for the last 2 years of 5 years, you're eligible to sell it and pay no taxes on the first $250K for a single person or $500K for a married couple.

Contribute to your HSAIf you are married, you can do 2 & 3 double. 

Also, if you pay your parents any profit for the property, if it is their primary residence, I believe that a married couple has up to $500,000 exemption on profit from a primary residence, I'm not 100% sure on that, but you can search for that pretty quick.If you are looking for any loans, please let me know.

It is so important to know who you are marrying and who you are partnering with.

When sold the percentage of profit allocated to the primary residence should be able to come to him tax free (the first $250K of profit if single or $500K if married. 

The big risk is being married to the REIT company forever. 

Now 5 years from now , you get married and want to buy a house , you will have a hard time qualifying , because you still have a mortgage in your name .Dont do it .