She works from home on our business but technically has zero income, however we file our taxes jointly.

We're looking at making a personal investment in a parcel of unimproved land (no utilities currently) in the limited improvement district of Perry Park in Larkspur.  

If I currently own the other property in my own name, what is the best legal and low/no tax option to become joint owners?

The bank is really only looking at you for the "joint and several" liability.

(joint and several, meaning all 3 responsible for full rent on the lease)Lease expires soon and new lease needs to be signed, but 1 guy wants out in the middle of the new term and other 2 say they will find a third and keep paying full rent until they do.

Hi I'm Eric,      I'm a RN and I love being able to help people improve their health.

Buyer has examined the Premises and is relying solely upon such examination with respect to the condition, character and size of the land, improvements and fixtures, if any, constituting the Premises.At Buyer's own cost and expense, Buyer shall obtain and maintain in full force and effect at all times during the continuance of this Contract: (a) comprehensive liability insurance for bodily injury or death to any person or persons, and property damage insurance, in such amounts as Seller reasonably deems necessary; and (b) fire and extended coverage insurance in an amount sufficient to prevent Seller from being a co-insured under said policy of insurance, but in no event less than the unpaid balance due under this Contract.Seller and Buyer shall both be named as insured parties in the insurance policies required above, as their interests appear, Buyer shall furnish Seller with memorandum copies of such insurance policies upon Seller's execution of this Contract.

My current profession is a software consultant with backgrounds in Physic and Music Business.This past year I've kicked my ambition into overdrive and decided to start improving my quality of living.

I prefer to be buying when unemployment is high and improving, rather than low and approaching where it historically starts reverting upward again (and prices flatten or decline..)..

That payment will improve your prospects with traditional financing, and lower your cost to borrow money.