They receive a holding receipt and agreement which specifically states it will be forfeited if conditions aren't satisfied.  

I think as long as your state of business collect their business taxes from u they are satisfied.

All the products I used are new from big box retailers with durable furniture, nothing from IKEA.

Be sure to post an update in 6 months to see if you're still satisfied:)

Certainly the house could be considered a homestead because homesteading is based on an owner's "intent" to claim it as such and that would impact the ability of most creditors to satisfy a judgment and many other involuntary liens. 

The reason for tenant In common Is so your part of the new property can be In your name to satisfy the 1031 Requirements.

Would keeping a google calendar with dates/hours/time worked to satisfy the 750 hrs be adequate? 

Anything touched, sat/slept in, used etc - durability needs to be considered. 

For a rental, its a lot about durability, maintainability, and only somewhat about cosmetics.

It was super fun and very satisfying seeing your lot of dirt turn into a luxury home that I wish I could have lived in.