The value of the property and how it’s distributed relative to ownership stakes will determine whether it counts as a taxable event, I believe(I’m not a CPA or attorney). 

They are very likely to respond, but keep in mind you can't get dollars from a turnip.My experience is wear and damage are higher with some S8 tenants and not at all with others, just like regular tenants.

If you are close to retirement and are accredited, it's safe to assume that you'll likely have some decent, taxable income rolling in during retirement.

Most of the buyers are just regular folks looking for a home, so they are not at all thinking about cap rates. 

This would allow you to access some cash for other purposes ( Tax Free) because a refinance is not a taxable event.

Do you have a 501c3 that you operate under (and rent the house from yourself), or do you purchase homes with an LLC or personal name, and run as a regular business? 

I will do my regular due diligence when dealing with a new partnership and any deals they find. 

If they try switching you to a regular PM structure or you're considering them for PM, run for the hills. 

I have dabbled in real estate, but never heard of brrrr before now, and transparently never did much research outside of knowing that property ownership was a way to reduce my taxable income. 

My husband and I live in SoCal (Long Beach area), looking for an in-person REI group that we could go to regularly in order to network.