You can always reecaluate in 2-3 years before the capital gains issue kicks in, but all signs are that homes in Denver will be go up in value between now and when you really need to make a decision. 

Wanting to minimize cap gains?

Thank you all for your insights! 

Please research PadSplit or HomeRoom to gain further insight into this type of real estate investment.

So, for example, if you’ve managed to secure possession of a self directed IRA or Solo 401k, with a large amount of capital in it (through Roth gains perhaps), you can purchase your real property, notes etc. through a series LLC owned by the retirement account.  

I’m looking to gain more insight on techniques on doing the Brrrr strategy as well as fix and flips!

Any insights on these programs would be greatly appreciated.

Primary Residence, $0 capital gain tax per kid or spouse up to $250,000 each or $500,000 total. 

It makes sense (to me) for one's mentor to stand to gain on an equity basis, because for someone like that, that's their opportunity cost.

Thanks Ko I appreciate the insight!