Tom  Gee it seems you're either very very optimistic, or have a better crystal ball than I have.  The IRS would be of concern ONLY IF there were PROFITS being made.   

With the OPA  having so many losses, its very low on the radar to be at all concerned with IRS entanglements, IMO.   Tennis/ platform /pickle ball  are in no jeopardy of becoming profitable, IMO.  

And whats wrong with making profits???  We should be so lucky.  So many of us would be jumping through hoops and dancing in the street if the YC, golf or aquatics made profits  (after allowable depreciation).  

Seems to me the administration "wants" to push the open-to-public idea, so is using the IRS as a ploy, an excuse.  I'm not buying it.

PS The Beach Club Parking was the sole exception, of course.  Was considered a separate entity with no offsets for OPA's losses elsewhere.  

Tom