For tax purposes, neither the receipt of a loan nor its repayment are taxable events. 

Depreciation is a noncash deduction that can wipe out most, if not all, of your taxable income.Rental income is passive in nature. 

The property is currently on a hard money loan which I planned to refi-cashout in 3 months, which is a non-taxable event, then whatever was leftover after the 18 months I would 1031 exchange into a different property, if they decided to purchase. 

There are many BP members who must have awful 401k plans with no match for all the hatred we hear towards them.If you are not going to be working and your taxable income will be low for a period, you may want to consider a Roth conversion ladder to allow for tax free distributions of 401k account balance.

You would have to appraise the property and pay taxes since conversion is a taxable event.There is no way to put property that you personally own into your retirement account.

This form will offset the 1099-R you will receive from your old custodian reporting taxable distribution.

It's just like setting up an LLC to create a taxable stock account.

Tap the equity, no taxable event, still own the property.

The loan proceeds are not taxable.

We are heavily invested in tax advantaged retirement accounts as well as taxable.