Distributions? 

Quote from @Erika Albert: Perhaps I am overthinking this, but I'm wondering how to properly account for airbnb's new 15.5% service fee in proformas derived from airdna revenue estimates. 

I'm in the Wavemark income fund and am getting paid my distributions

While the operator initially projected strong returns, the fund has failed to pay distributions for over two years, and several key performance metrics have declined sharply.Key Performance Data (as of Q4 2025 Report):Occupancy Collapse: Occupancy has dropped from 97.5% at acquisition to 78.1%.Net Operating Income (NOI) Decline: Annualized NOI has fallen from $3,323,252 at acquisition to $2,525,046—a nearly 25% decrease.Loan Non-Compliance: The portfolio’s Debt Service Coverage Ratio (DSCR) is currently 1.10x, which is below the 1.25x covenant required by the lender.Lender Cash Sweep: Due to the covenant breach, the lender has initiated a mandatory cash sweep.

Was most of the value derived from the network or the education piece?

IRS Safe Harbor Explanations Expanded for Rollover & RMD RulesWhat changed:The IRS published Notice 2026-13, expanding “safe harbor” rollover explanations that plan administrators can use to comply with distribution communication requirements.

@Megan Samar, You could take a distribution from your 401k but not advisable if it's going to cause taxes/penalties.

It’s a “member distribution” not a salary.

I guess you can also list it at a price derived from rental estimates and maybe find a buyer.

The corresponding tax savings, derived from interest deduction would be approximately $47,121.