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Income Tax Planning
Chapter 14: Passive Activity Rules/RENTAL ACTIVITY EXCEPTIONS
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Chapter 14: Passive Activity Rules

RENTAL ACTIVITY EXCEPTIONS

01.Core Concepts

1. Customer use ≤ 7 days 2. Customer use ≤ 30 days and significant personal services provided 3. Extraordinary personal services are provided 4. Rental activities incidental to non-rental activity 5. Rental activity available during business hours for nonexclusive use of customers 6. Rental property used in activity conducted by partnership, etc. where taxpayer is owner and active participant