I wouldn't suspect the board members are intentionally obfuscating, but that they just don't know their responsibilities. 

Yeah, my intent is that the GPs need the right incentives and not just the incentive to do more deals. 

The intention of this instrument was to avoid the probate courts and to provide for step-up basis when he passes.  

But I'm not clear on how that would have been.I have no intention of selling this property anytime soon (or even in my lifetime).But, I don't understand why and how I would benefit from moving it out of the S-corp now? 

I know she is very intentional about adding maximum value to her clients.

Try looking into zillow/Redfin and see what your potential rents you can get near the neighborhood by filtering the bedrooms/bathrooms of the intentional property that you are planning to buy.

Start evaluating deals, even without an intent to purchase.

But like you said all based on the intent of living in it or primarily moving it to a rental.

I think most people commenting want to discuss in-house vs 3rd party, which in my opinion is always a good debate because I think we can all agree it's situational.My intention of this post wasn't to debate that, as the debate already has an obvious conclusion, but to speak to the why behind the recent movement.

I'm getting out, I had all intentions of and had cash in hand too.