The ultimate test.

Info on CRD's: A Coronavirus-Related Distribution (CRD) of up to $100,000 in the aggregate for any taxable year may be made from all retirement plans in which an individual participates (IRA, QP, 403(b), or governmental 457(b)), if applicable.A Coronavirus-Related Distribution (CRD) is a distribution made on or after 1/1/2020 and before 12/31/2020 to an individual:•Who is diagnosed with COVID-19 or SARS-CoV-2 by a test approved by the Centers for Disease Control and Prevention;•Whose spouse or dependent is diagnosed with COVID-19 or SARS-CoV-2;•Who experienced an adverse financial consequence as a result of being quarantined, furloughed or laid off, or having work hours reduced due to COVID-19 or SARS-CoV-2; or•Any other factors determined by IRS/Treasury.If a CRD is taken by an individual, they will include the amount received into income, spread ratably over a 3-year period.

I tested in my area, which is a pretty popular vacation area.

He just looked at me square and asked "You have been doing this for so long - why don't you just go test for your own GC license?"

Also, you'll need to know if the property is "buildable" - which requires a soil test and more. 

There is a four-part Howey test for securities that you're welcome to Google and find all the nitty-gritty details about, but here are the salient elements:It is an investment of moneyThere is an expectation of profits from the investmentThe investment of money is in a common enterpriseAny profit comes from the efforts of a promoter or third partyThe details of this can get quite technical if you're dealing with operating companies or exotic SPV-live constructs. 

I am going to begin testing it out myself just wanted to check in with anyone with experience with the platform as well.

Obviously, we have perc tests, soil samples, environmental studies, etc, we just need to know what steps to take to properly make this work. 

And even though virtually every sponsor agreement allows me to share investment information with others who might be advising me on it (especially when club members are bound by an NDA), I still ask the sponsor if I can share it, because it's a test.

So far all that have taken the test (and scored highly) are excellent tenants.