I don't know if you knew this already, but if you live in your house for 2+ years, the capital gains earned over the ownership period is TAX FREE!

Yes, I will likely not be fulfilling the 2 out 5 year requirement to avoid the capital gains tax when I eventually sell. 

If part of it is susceptible to capital gains,  what is the threshold? 

Finding a property management company that you can trust with your investment can be a weight off of your shoulders and provide "mailbox" money to you without you having to lift a finger (except for when you have to grab that money from the mailbox).The cost of property management services varies, but any great trustworthy property management company can outweigh the cost substantially by providing you with time-saving services that handle the day-to-day operations of owning a rental investment property.

You'll gain acquisition experience, project management experience and property management experience which will give you a solid foundation on which to build your portfolio moving forward.Best of luck to you moving forward!

My house has appreciated 500 thousand in those 5 years I did Abnb (not out of the question in Vancouver)   Then 40% of that 500k = 200k is the capital gain.

My accountant has told me that I will always have to file tax on this type of investment as ordinary income rather than capital gains no matter how I structure it.

I expect the same outcome that has always happened at every iteration, the corrupt and elite class will find considerable gains, the lower class will seemingly reap rewards and it will only cost their complete surrender unto the enslavement existence, and the middle class will be slaughtered and battle on.

I just now noticed that my suspended losses from prior years was not shown on the last 3 years of tax returns (Form 8582 Item 3c)… This hasn’t been an issue yet as none of the deals have sold, but they may sell soon and this will be a problem where I can’t use the losses to offset the gains.

I also would love to just network with anyone who has knowledge in the industry so I am happy to gain any knowledge and advice you have, and I appreciate your guidance thus far.