Does anyone know if this is beneficial or will the tax dogs come attacking regardless?

Trying to get an extra few percentage points of return is either going to lock up your money (long term loan, CD or similar) or open you up to a real risk of losing your principle (stock market or mutual funds).

If you do not know, it might be beneficial for you to ask the investors you work with why they are passing.  

Also I would advise anyone looking at upgrading to attend one of Brandon's BiggerPockets Webinars at http://www.biggerpockets.com/webinar it could be very beneficial to hear his pitch at the end.

We were both unable to sell our primary residence prior to getting married and moving to Dallas due to underwater mortgages, but it has worked out well so far.My goals:To learn how to find and acquire 2-4 unit properties that are turnkey or have high ARVs to justify the purchase.To find what healthcare REITs, if any are present in Dallas and if this is a good marketTo find mentors who can help me accomplish this as efficiently as possible.What I offer:A willingness to perform on the job training of completing due diligence and market analysis of potential dealsA potential partner in mutually beneficial real estate endeavors.Expertise in the healthcare field and assessing profitability of outpatient medical facilities.Intelligent professional with track record of success and strong communication skills.I look forward to getting to know the community!

I'm trying to process what that would mean for someone like me who doesn't have nearly as much cash to put toward a property as my partner.Have you found that partnering on deals is beneficial long-term?

I'm all for it if it's mutually beneficial to both parties.Looking forward to sitting down with you and the rest of the Tri-Cities crew!

If not, this thread will be very beneficial to you too!

That being said, what are some jobs that i could consider that will actually be beneficial to my immediate and long term rei goals (so I can earn and learn simultaneously).

Maybe renting it and getting a HELOC (for access to the equity) would be beneficial to you.