It retains the same assets, it retains the same owners, it merely changes its election for taxation, so this is a non taxable event triggering neither gain nor loss. 

From what I understand, the "Back Door" conversion is the conversion of a traditional IRA funds to a Roth IRA and paying tax at current year rates. 

Do they calculate their tax at: the immediate sale of the property and setting up the owner financing or when the note is paid back? 

There is no other benefit with respect to taxation.

My county uses a 4% (residential) and 6% (non-residential/rental) ratio to determine a property's assessed value for taxation.

Just dont want to have problems with taxation and accounting.What would be the best course of action for me in the current situation

Just dont want to have problems with taxation and accounting.What would be the best course of action for me in the current situation

When I looked at the taxes on the county website, can someone clarify the difference between the “gross tax” and the “net tax” at the bottom of the calculations?

@Michael Stowers2-3 units will have residential property tax (at least in my local market) vs 4+ unit having higher taxes.

@Sean McLaughlinThe good thing is that you live in TN and FL - These are states that either have no state filing obligation or the state taxation is very limited to certain income types.This does allow you to open up your search to a CPA out of these areas.Travel costs between TN and FL may be deductible.