When done well it simply helps remove or reduce obstacles that could make it harder than it needs to be to win.

By having tenants pay those bills themselves, we are reducing our expenses, and able to charge less rent than our competitors who are including those expenses in the rent. 

What is critical is to understand that two high-income earners cannot reduce their taxes by investing in traditional rentals.

And, if the home has, at minimum, retained its value then 8 years in loan payments should have reduced the debt therefore creating a potential profit when sold. 

However, the cashflow is unlikely to make up for the increased equity gains, reduced vacancies, tax deductions, and other benefits that come from diversifying.I recommend you build a strong foundational understanding of real estate investing.1.

Having reviewed what's previously been discussed on this forum regarding whether people list what their actual cleaning cost is vs. a reduced (or in some cases inflated) price, can anyone share if there is a tax liability with this I'm unaware of?

The three most common approaches include:Cost approach: An estimate of the replacement cost less depreciationIncome approach: Calculation of estimated potential rental incomeSales approach: Uses comps of recent transactions on similar propertiesBe sure you are leveraging the tax incentives availableIdentify any applicable tax incentives available for commercial properties - historic tax credits in certain areas, opportunity zones, environmental sustainability, etc.Understand available tax deductions, credits, and rebates - Tax deductions decrease the taxable value of a property, tax credits directly reduce your tax liability dollar for dollar and tax rebates are a refund of taxes paid under certain conditions.Utilize a cost segregation study - Cost segregation allows you to reclassify assets into categories with shorter useful lives, therefore accelerating depreciation and creating tax savings.Leverage energy incentives and deductions - Look into the Section 179D deduction and how you can save on tax by meeting certain standards to make your property more environmentally friendly.Best practices for commercial real estate owners and monitoring their property tax regulations:Plan proactivelyWork with a professional to receive guidance on complex regulationsUtilize specialized software tools to drive efficiency and compliance.What questions do you have regarding property tax valuations?

I have decided that and I like the influence I have with airbnb , and even with the hike in rates--I am going to stay with my mgmt company and try to reduce costs and manage rates more effectively Evolve has too many complaints against it--both owners and guests. 

Reduce the price.

The main health issue is typically direct contact with the PCBs so it may be feasible to cap or isolate the contaminated areas and reduce exposure to occupants.