My CPA is saying I have to pro rate those expenses for the number of nights that it was actually rented out, but I can't find anything online that confirms that.

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

Either way, would I be taxed at the normal capital gains rate (for me it’s 15%) for each share that sells?

If you're providing an "up-scale" environment and hope to attract more guests of this calibre (I do; they don't quibble about higher nightly rates and rarely cause problems) then I recommend white duvet covers and wash them after each guest.  

Jack MillerProbably but there is also a significant risk because these borrowers typically do not qualify for conventional financing so the default rate jumps from what is on average 3-5 % to well over 10%.Let’s say you get an extra $10 or $20k, I have seen borrowers do a lot more damage than that to a property as well.

I'm in Transcoastal, which seems to have the best interest rate locked in.

Condos, coop, and fee simple.

In my city houses sell for 150-300k in the pretty good suburbs, but new builds need to be about a half a million in order to pay construction costs, lending costs, make a profit, realtor fees etc.

Refund the cleaning fee. 

I understand the end result and how to split with partnerships, but don't have an Excel model that allows me to do that, and play with preferred equity, a GP management fee, etc.