Stacey,an advertising executive,pays a contractor to build a lodge on property she owns in Arizona.If Stacey sells the lodge,the proceeds (less the cost of the land)will be DPGR.

Question

Quizplus · Accepted Answer

The creation of a lodge is considered a construction activity, not a qualified production activity. So, even if Stacey sells the lodge, the proceeds won't be considered DPGR.

Stacey,an Advertising Executive,pays a Contractor to Build a Lodge on Property