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Author Question: A taxpayer's rental activities will be considered a trade or business, rather than a passive activity, if (Read 73 times)

bobypop

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A taxpayer's rental activities will be considered a trade or business, rather than a passive activity, if
◦ the taxpayer performs more than 750 hours of work during the year managing the rental properties
◦ the taxpayer performs more than 500 hours of work during the year managing the rental properties.
◦ more than half of the taxpayers personal services performed in all business activities during the year are spent managing the rental properties.
◦ conditions the taxpayer performs more than 750 hours of work during the year managing the rental properties and more than half of the taxpayers personal services performed in all business activities during the year are spent managing the rental properties, but not the taxpayer performs more than 500 hours of work during the year managing the rental properties, are satisfied.


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Marked as best answer by bobypop on Sep 13, 2020

aham8f

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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bobypop

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Reply 2 on: Sep 13, 2020
Thanks for the timely response, appreciate it


raenoj

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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