TaxGuyBill
Level 15
12-07-2019
03:40 AM
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Hypothetically, if it qualified as a Trade or Business it would not be investment income.
However, I don't see how rental of LAND can have 'regular and continuous' activity to rise to the level of a Trade or Business.
However, I don't see how rental of LAND can have 'regular and continuous' activity to rise to the level of a Trade or Business.