Whether it's a legal demand for compliance or simply an email, it doesn't really matter; just make sure everything is in writing. 

A buddy of mine talked to his tax guy who told him these “Distributions” aren’t currently taxable right now and simply adjust the basis downwards (almost like a return of principal), but when the principal actually DOES get returned (generally about 5 years out in this case), that the difference between the amount returned and this downward adjusted basis is taxable at capital gains rates - if held longer than 1 year, generally 15% tax.  

At this point, I simply want to move on and feel the exit interview is a final attempt to have me sign things that I don't agree to.

If they try to hide who their current landlord is or lie about it, you can simply deny them based on that.

And of course simply have it demo-ed.

If the claim can be disputed, OTA disputes it and makes it hard to collect and the host may simply give up.i think pm, airBnB, guest and LL all know who was responsible for the vape in the toilet, but ota did not charge guest or pay for it and gave the guest a discount (a discount for an issue that the guest was responsible for).  

This a great option for high income earners who simply do not have the time for real estate.

I tell my clients all the time that the quality of your property will directly determine the quality of your tenants.This is a very important rental property investing fundamental most new investors always forget or ignore simply because they are just too desperate for  "Cash-Flow".

Jay what you've got to understand about Josh is the fact he is simply lying.  

If I had been tracking the assets via accounting, I would simply make a journal entry showing the LLC's assets and liabilities going to zero and transferring them to the Holding LLC or the LLC Members.