I have listed my rental home of 6yrs for sale, our situation me and wife are working and the capital gains tax quite doesn't look correct.

Most markets have realized a huge gain over the last few years so there is less appreciation coming.

I'm just trying to understand the general situation, not looking for legal advice or an answer in a specific situation at this point. - standard disclaimers about questions apply.Thanks very much.sw

Just know your basics and what you can and can’t do legally and your good.

I think the market is getting close to being at the top, could be another year or two but the savings bypassing capital gains I believe will supersede the appreciation gain.   

You pay a local licensed contractor wIth a good reputatIon to accompany you for a second look .have him look over all the structure and systems etc.. have him do quick quotes on issues he sees on a legal pad as he’s walking through each room have him check the wiring the roof the furnace the plumbing .

Looking to gain some experience, partner or just sit down for a coffee.

I know some states require a broker's license to be able to legally manage properties owned by other people. 

The question is would this be a legal use, as long as I have proper documentation, or would this be seen as intermingling funds?

In rare cases, the BK courts would put a trustee to manage the asset in place but, you would receive legal notice from that trustee.