Percolation test.  

On the flip side to investors , other than the obvious advice to do your due diligence and stress testing seriously, also do the important work of self assessing your own true risk tolerance, ultimately defined by “are you comfortable losing it all” in a particular investment or asset category.  

I have so far tested out Harvest, Toggle and Clockify they all track time but they do not allow to attach any support to the task.  

@Nick RutkowskiA subsidiary of Overstock.com, Medici Ventures, running bockchain test pilots in Africa.

Originally posted by @Bob Daniels:*Disclaimer*  My account has only been open for 3 months, which isn't nearly long enough to draw a solid conclusion from.I recently invested 1k with them in their long term growth fund as a test run to see how accurate their claims were. 

If not, even though you are a re pro, losses are passive & deductions are limited.There are 7 scenarios that will qualify as material, and you only need to meet one:*500 hours*Substantially all participation*> 100 hrs and at least 1/2*Significant participation*5/10 years*Personal service activity w participation in last 3 years*Continuous participationTo materially participate, you must be involved in the operations of the activity on a regular, continuous, and substantial basis.Once you pass the pro test, the material participation often comes along for the ride.You can elect to aggregate all rental real estate for purposes of measuring material participation under Sec. 1.469-9(g).Your time spent on all your rental properties (STRs don't qualify) counts as one activity, making it easier to materially participate.In order to make a strong case with your CPA and the IRS you need to document your hours.Best practice is an hours log where you are as specific as possible.

There won't be a test or screening to determine your qualifications.

Some are basically renting out bed space and require tenants to sign an agreement to stay clean, and be tested upon request, with failing the test potentially leading to immediate eviction.

Generally speaking though, this asset class can be argued to be one other most management-intensive. 

And a refinance will have fees attached to it which makes this even less attractive.3) Just because you are not a professional test doesn’t mean you can’t add value.