Setup a test account and run through some of your issues you currently have and see what results you get.

Here are the 7 material participation tests as outlined in the IRS regulations:1. 500-Hour Test: The individual participates in the activity for more than 500 hours during the tax year.2.

What most people do not understand is many of the products made overseas when tested (not saying LL did this) they use a different product than what they produce.

I’m looking for feedback from fellow investors and those willing to test it out.

This year, I’m looking to really get the ball rolling with a lot more volume.

@Tosin Oluwatoye a good way to test out your location is to put the concrete pads down, add a 30/50 amp outlet and water line, and then rent out the pads to people who already own their own tiny houses.

Overlooking Minor Repairs: Small issues like broken window locks, missing handrails, or leaky faucets can lead to inspection failures.Incomplete Documentation: Always have the necessary permits and contractor receipts for renovations and repairs.Neglecting Lead-Based Paint Testing: If your property was built before 1978, it may contain lead paint.

Obviously we haven't held for even a full year, but an exchange intermediary told me there is no bright line test for holding.     

That's test 1. 

This makes investing directly in RE difficult, clearly not impossible but harder to get things rolling.