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You meet the conditions for Test I if you have an arrangement for participation and do any three of the following:
Advance, pay, or stand good for a significant part of the cost of production;
Furnish a significant part of the tools, equipment, and livestock used in producing the commodities;
Make periodic inspections of the production activities; or
Advise and consult with the tenant periodically.
Last Revised: March, 2001
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Last reviewed or modified Monday Jan 14, 2008 |