the most recent tax year materially participated in certain real estate activities. Under the passive activity loss rules, she will treat these activities as

CONCEPTS IN FED.TAX.,2020-W/ACCESS
20th Edition
ISBN:9780357110362
Author:Murphy
Publisher:Murphy
Chapter7: Losses—deductions And Limitations
Section: Chapter Questions
Problem 24P
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Question
Marilyn is a real estate professional and during
the most recent tax year materially participated
in certain real estate activities. Under the passive
activity loss rules, she will treat these activities as
Portfolio activities
Investment activities
Passive activities
Nonpassive activities
Transcribed Image Text:Marilyn is a real estate professional and during the most recent tax year materially participated in certain real estate activities. Under the passive activity loss rules, she will treat these activities as Portfolio activities Investment activities Passive activities Nonpassive activities
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