I could sell the property on the market but I think after fees and taxes, I would be at a loss.

One thing they won’t say - but you can research- are the closing costs and capital gains tax .  

Any tips appreciated

Turns out, as we all expected, the law wasn't followed at all regarding the gouging tax increases last year.

Any success stories or could you please share with me some tips and tricks?

Unless paired with the above, these are usually thrown out in tax court. 

It may be the best option but there are quite a few other strategies as well that could help lower your tax burden when you move on from this current property.

I enjoy helping and offering tips when ever I can and talk REI!

However if you decide to get those new power tools you want on the business credit card and your business is a tax firm like us, its going to be hard to justify to the IRS (and your wife) why it was a valid purchase for tax purposes. 

And then they deducted $10k/mo is lost rent from their taxes.