During the year, Q, employed full time as an attorney, spent 550 hours managing an apartment complex he owns.The operation of the apartment complex is considered a passive activity

Name: During the year, Q, employed full time as an attorney, spent 550 hours managing an apartment complex he owns.The operation of the apartment complex is considered a passive activity
Brand: Quizplus
Rating: 4.8 (47 reviews)

Question

Quizplus · Accepted Answer

An attorney's work is not considered a passive activity, but managing an apartment complex is.

During the Year, Q, Employed Full Time as an Attorney