Focus on tax-saving strategies such as cost segregation studies and bonus depreciation to accelerate deductions.By qualifying as a Real Estate Professional (spending 750+ hours annually and materially participating), you can offset your wife’s S-Corp income with real estate losses, reducing your tax liability.

The information provided is based on my experience and industry knowledge but should not be considered legal, tax, or financial advice.

Despite the equity We also want to take advantage of tax advantages we did stay in the property for 2 years !  

a lot of people will poo poo this, but I also live in a market where cash flow is low, property taxes are high and properties are expensive (which is a relative term).

Sellers can avoid paying transfer taxes to the county, while buyers are spared from facing significant property tax increases.However, it's important to note that lenders typically only approve these loans for properties with five or more units.

To analyze deals efficiently, focus on key metrics like cash flow, cap rate, and expense ratios—make sure rental income covers mortgage, taxes, insurance, and maintenance while hitting your 6% cap rate target.

Also these things cost money to sell - agent fees (5-6%), whatever your buyer is going to ask for at closing or try to hit you at during inspections (likely several thousand) plus taxes.

If you're still looking for a CPA/Tax Strategist in California feel free connect.

The information shared is based on my experience and industry knowledge and should not be considered legal, tax, or financial advice.

If you do place the property in her name, you've got a Gift Tax (Form 709) to complete.