They do actually police these things and the fines are heavy, but the pamphlet shows you exactly what to do, or hire a lead-certified removal company (most of them carry the certification).  

The point of all of this is to make people understand that if you have no intentions of 1031 exchanging or holding the asset until death you are subjecting yourself to a potentially heavy tax burden upon sale of the asset. 

While they may not offer investors the security of direct investment in bricks and mortar, diversification from other assets, or the ability to control the value of their assets, it can potentially be a vehicle of passive income.Own a Real Estate BusinessPerhaps you aren’t a big fan of buying and holding rentals.

A Qualified Opportunity Fund is an investment vehicle that is set up as either a partnership or corporation for investing in eligible property that is located in a Qualified Opportunity Zone.

I count the number of contractor vehicles. 

I take a loan out on my vehicle and get $29,000.

This opportunity zone vehicle is being used by most capital gains coming from elsewhere and being put into weak areas of a state or city with the incentive that the taxes don't have to be paid.

But that will be quickly eaten up because I have to remodel the entire unit.So I did a little more research on the Wisconsin Law. this is what it has to say:Mobile homes, manufactured homes, or titled vehicles.

Don't get discouraged by all the heavy Indian accents. 

Timely and beat other competitors on price, plus I didn't get a drop of water in the basement afterwards despite multiple heavy rains.