The only open position they have on their website is a sales position and it seems that for a company of their scale and caliber, they would also be hiring for other positions as well.

That will put us into the long term capital gains category on the sale. 

If not then sale.  

Like you a purchased my primary residence in 2017 as an estate sale and landed an amazing deal which still holds a large amount of equity.

Multiple properties listed on the website portfolio appeared to be ones they would possibly not have initiated the LOI/PSA/sale as the properties are known to be bought/run/sold by other entities/syndicators.

The homes don't have MLS sale history until they are listed after the rehab has been completed.If you don’t mind shaing, how are you financing your deals and do you do the work yourself?

Why not test the market by putting the lots up for sale, and if nobody bites, that might provide your answer. 

I often read that one should seek a commissioned sales role because your comp is uncapped and that has served me well. 

No tax so far I think.2) If I convert that partnership interest into shares in a PUBLICLY traded UPREIT I trigger tax on the deemed sale/exchange of the partnership interest into stock of the REIT?

There aren't many lake front properties in that area for sale, but there are a number that are in the 800k range.