Passive Activity

Financial charts with pen and calculator.

What is a Real Estate Professional For US Federal Income Tax Purposes?

What is a Real Estate Professional For US Federal Income Tax Purposes? Morticia hits the...
Glowing infrared image of Jupiter's atmosphere.

LLC Income is INDEED Subject to Self Employment Tax: IRS Chief Counsel Advice 201436049

In 1997, the IRS issued proposed regulations governing when the distributive share of partnership income...
Fiery sunset clouds reflected on a lake.

Can You Establish a SEP Plan if you are a Sole Proprietor? What if that Sole Proprietorship Had Historically Passive Income?

Regardless of their nature or topic matter, off beat questions are one of the spices...
Jar filled with coins on table.

Schumann v. IRS: Reg. 1.469-2(f)(6) – The Nuanced Relationship Between Passive Losses & Self Rental Gains

Schumann v. IRS: Reg. 1.469-2(f)(6) - The Nuanced Relationship Between Passive Losses & Self Rental...
Sunset over river and landscape scenery.

Defining Passive Activity Between Spouses – Beyond the Bedroom: What Is Material Participation?

Defining Passive Activity Between Spouses - Beyond the Bedroom What Is Material Participation? Ha! One...
Red sunset over a calm lake.

How to Calculate Basis of a Primary Residence Converted to Rental Property [Reg. §1.168(i)-4(b)] [Reg. §1.165-9(b)(2)]

How to Calculate Basis of a Primary Residence Converted to Rental Property [Reg. §1.168(i)-4(b)] [Reg....
Hands resting on three file folders.

Tax Implication of Publicly Traded Partnerships: Why Purveyors or the US Tax Code Snarl at Investment Brokers

Tax Implication of Publicly Traded Partnerships: Why Purveyors or the US Tax Code Snarl at...

Categories