tcook3509
Level 1
12-07-2019
05:32 AM
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The taxpayer actively participates in the rental activity. There was no where to mark not subject to net investment tax on the disposition form.
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itonewbie
Level 15
12-07-2019
05:32 AM
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Active participation does not preclude the application of NIIT. Did the rental rise to the level of §162 or meet the exception for not being a passive activity and was reported as such while it was in service? If not, NIIT should be assessable.
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