tighter houses these days are exacerbating this issue which loosely manifests as “sick home syndrome.”Could be the cellulose with borax; still a big debate whether borax is completely safe on a scale like that.

My calc says about 45% has to be Cap Gain, but the debate then turns to how good is my model and did I select the correct inputs (future tax rates). 

If this was the case, you don't need to have employees.And, by the way, your examples have nothing to do with the original point you brought up: an ability to take a deduction for the $50 PPP.Our debate is at the dead end, Greg.

Currently in debate with realtor for listing price. she wants to list 1.59.. we want to list 1.69.

Slightly off-topic, but are you interested in debating the "unavoidable" part?

But STR's may be in for a drastic change in AZ with the current bills that are being debated in the Legislature.

so, really quick:The need for a LLC is hotly debated. 

My partner and I are debating on selling our short term rental townhouse (technically, it’s in a condotel community but we manage it independently).It’s in Florida and doing fantastic right now, and cashflows better than ever (12% return, self managing - we make ~20k per year).My partner is fed up and done with dealing with guest and maintenance issues.

We estimate the average noncooperating Class C tenant takes us 15+ hours between filling out the forms for them, numerous property visits to get their signatures and documents, following up with overworked caseworkers an average of 7 times, etc.We debated about this post, hoping to create an open discussion and get feedback, but worried about being harshly judged without all the facts.

I just started the Cert. program at NYU and it's going well so far.If you're interested in a real debate about Real Estate MBAs (no offense BP ;)), check out Wall Street Oasis and specifically some of these threads:https://www.wallstreetoasis.com/forums/mba-programs-for-real-estatehttps://www.wallstreetoasis.com/forums/where-was-your-first-job-post-mba-where-are-you-nowhttps://www.wallstreetoasis.com/forums/career-pivot-via-masters-in-real-estatehttps://www.wallstreetoasis.com/forums/msre-vs-mba-decision-looking-for-opinions-based-on-my-situationinterestsMy final point is that like you, I want to use an MBA to help build out my own portfolio.