sjrcpa
Level 15
03-30-2024
08:59 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Active or actively participating? The latter is still passive. It just gets you eligibility for the $25K loss exception.
Actually all rentals are passive unless you are a real estate professional.
Is there a basis or at risk limitation here? Or did you indicate there was by mistake?
The more I know the more I don’t know.