Unless...Has anyone claimed the QBI without the Safe Harbor been audited?

If you were audited some other reason and the auditor looked at your 1031 and didn't like something. 

@Julio Gonzalez how are you handling the newly released audit techniques which specifically states kitchen cabinetry being 1250 real property, which is 27.5 year life? 

You ultimately need to find a CPA that understands the finalized repair regs from 2014 and knows how to apply the betterment/restoration/adaptation of an economic unit of property test to maximize your repair expense and avoid capitalizing assets in a way that is supportable under the scrutiny of an audit.7.

There is a fiduciary breakdown happening here — and as someone who’s been on the receiving end of it, I can say with confidence that Westdale is not operating with the care or accountability required to manage investor capital.If you’re tied to Westdale in any way — as an LP, co-sponsor, or fund — I recommend you conduct a full legal and reputational audit before continuing the relationship.

Please note they will want to see audited financial statements and have you sign a personal guarantee.

In the event you get audited for some reason in the future, you want to have evidence that clearly shows your intent to hold the property for long-term investment use, in this case you wouldn't have a lot going for ya.Now, if you put a renter in the property for a year and reported income, that would better support your intent. 

Private placements have no investor protections, audits, and public disclosures...they are the wild west of investing. 

I would set up a system like what we have with chase which our auditors audit - we have one individual who puts in the invoice for approval and another person who approves it.

Your audit chances would be pretty high under normal circumstances.