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Income Tax Planning
Chapter 14: Passive Activity Rules/REAL ESTATE PROFESSIONALS' EXCEPTION (1 OF 2)
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Chapter 14: Passive Activity Rules

REAL ESTATE PROFESSIONALS' EXCEPTION (1 OF 2)

01.Core Concepts

Requirements • More than ½ of personal services performed in all trades or business during the taxable year are in real property trades or businesses in which the taxpayer materially participates, and • At least 750 hours of service