I have been driving for dollars and mining the county auditor's site for homeowners who are delinquent on their taxes.

working with our auditors right now on ACL (allowance for credit loss) and learning about SCALE, WARM and all the fun and new CECL terminology.. 

And evaluating the track record is a call that's made first by the taxpayer or their CPA, and ultimately by an IRS auditor (should one get involved). it is very true that the IRS cares about intent with respect to capital gains in real estate -- I've certainly seen cases where the statutory timelines were less important and the identified intent of the investor.with respect to determining whether you qualify as a developer or an investor, it's much more of a "forest" than the "trees"...so holding any given investment for 14 months prior to a flip is certainly no guarantee of receiving long-term capital gains treatment.I hope this helps.  

And during the Audit the auditor thought my wife was buying gooddies for us personally and dissallowed anything related to the London Trip and the trip to Tel Aviv where again I have clients and had business meetings..

Seems like there is very little oversight and question if all of your assets were sold how your shareholders would make out.Our appraisals are made by licensed professionals, along with our third-party valuations and third-party auditors.

The risk is high that they will be recategorized by the IRS upon audit or examination, which means that you've overcontributed to a retirement plan. 

I do not see how any auditor could say that if I spent  Tuesday Wednesday and Thursday sightseeing ,on my own dime of course, that the trip was Primarily personal.   

Then auditors.  

In fact, the IRS auditor granted a refund (based on other issues) that was quite large.

From IRS audit experience, think of it this way:If the auditor views the hours as “unnecessary” OR over the top that had no bearing on the successful operation, they will disallow.Real world example: You live in Colorado and have a STR in Arizona.