Cash Out REFI question

[John Samuelson]

Greetings BP!

I bought a house in 2011 in Denver that I lived in till August 2014, then I turned it into a rental.  I'm in the process of doing a cash out refi and had a questions about the tax implications:

• Since I lived in it 2 out of the last 5 years, is the cash out prone to capital gains tax?
• Or since its a cash out refi, is it treated just like any other income to me taxed normally in my tax bracket?
• If is capital gains tax, can you do 1031with it as long as you meet all the requirements?

Thanks!