There are exemptions and exceptions aplenty in this area of law.

There is a handyman exemption that allows non-ROC licensed work up to $1,000 including labor and materials per home if the work is "casual or minor in nature" (small projects not involving health or safety).

., There is no limit to the number of loans you can make in Nevada as long as you fall within one of the exemptions set forth in NRS 645A/B/C.

This tax applies when a tax-exempt entity engages in a trade or business on a regular or repeated basis. 

As @Bernard Reisz pointed out, however, there are several factors to consider and you will need to make this determination based on what these look like for you.If you are eligible for a Solo 401k, you may find that it provides the best combination of features and flexibility for your funds moving forward, preservation of tax-exempt status, and low cost transition.

For most house hacks, it doesn't make much sense to me to stick around any longer than 2 years, which is the min. time you need to live there to get the capital gains exemption.

My question is, how do we execute on the $250K/$500K cap gains exemption (Sec 121) prior to converting our primary SFH to a rental?

@Jaime ContrerasI'm not a New England guy, but most of the exemptions are national exemptions.  

We also wanted to know if we are AB 1482 protection act exempt.

It states that specifically in the law - there is no exemption.