A passive activity is a business or trade in which you do not materially participate,such as rental activity.

Name: A passive activity is a business or trade in which you do not materially participate,such as rental activity.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A passive activity involves a business or trade in which the individual does not materially participate on a regular, continuous, and substantial basis, and rental activities are generally considered passive unless the taxpayer qualifies as a real estate professional.

A Passive Activity Is a Business or Trade in Which