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? 

If you sell, you could access the equity you’ve built and put it toward other investments or save for a future down payment.

If you ever need anything in the future feel free to reach out.

The more deals you’re part of, the more you learn about:✅ Structuring deals✅ Managing risk✅ Negotiating with partners✅ Handling financingTaking part of a good deal helps you build real-world experience that will pay off big in the future when you do bigger and better deals.3.

I have two properties with MSHB and plan to keep using them in the future. 

Regardless of your approach, forming an LLC is the smartest choice for protecting yourself from potential liability caused by the numerous tenants you will be hosting in your property.

There should be a day in the future where you can whip out a purchase contract and fill it out with the seller on the first appointment.that day arrived many moons ago.. 

Or is there anything I should look out for now or the future?

Maintenance and potential repairs will also require a long-term financial plan and setting aside a contingency fund for such expenses.The steady cash flow, appreciation over time, and tax benefits can make a meaningful difference to your wealth in the long term, especially with the principal paydown on the mortgage.However, if managing the property from a distance feels too burdensome, or if you’d prefer the certainty and flexibility that comes with having less debt (especially given the high mortgage rates), selling and using the $100,000 in equity to reduce your loan for your next home may be the smarter move.

But consider this: if your time is worth $100/hour and you spend 40 hours a year on tasks you could outsource for $25/hour, you’re effectively losing $3,000 of potential value each year.