While most rental activities are classified as passive, an exception is low-income housing.

Name: While most rental activities are classified as passive, an exception is low-income housing.
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Question

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Low-income housing can be considered an active rental activity because it involves meeting certain criteria and complying with regulations in order to receive government subsidies or tax credits. Some of these requirements may include income limits for tenants and rent restrictions.

While Most Rental Activities Are Classified as Passive, an Exception