Yes, you need to rotate the engine until top dead center, both valves will be fully closed {should be anyway}, if it was top dead on the other stroke, one valve will
be closing as the other one is opening. When they are fully closed, try to rotate the valve with your fingers, if you can, it is not fully closed. Also with the muffler and carb off, as well as the head, again tdc, spray some carb spray in the intake and exhaust ports, and you can see the leakage.