aahelper1
Level 1
This widget could not be displayed.
 
Labels (1)
0 Cheers
sjrcpa
Level 15
This widget could not be displayed.

Is the rental activity a trade or business?


ex-AllStar

View solution in original post

0 Cheers
Marc-TaxMan
Level 8
This widget could not be displayed.
or meet the Safe Harbor?
0 Cheers
IRonMaN
Level 15
This widget could not be displayed.
Definitely maybe.
ACME Taxes, Tatoos, Tires and Tomatoes (I had to get rid of the turtles - they kept running away)
0 Cheers
Marc-TaxMan
Level 8
This widget could not be displayed.
Depends
0 Cheers
IRonMaN
Level 15
This widget could not be displayed.
Maybe, maybe not.
ACME Taxes, Tatoos, Tires and Tomatoes (I had to get rid of the turtles - they kept running away)
0 Cheers
aahelper
Level 1
This widget could not be displayed.
how to determine a rental activity  is a trade or business?

 the more i read, the more confuse i get
0 Cheers
IRonMaN
Level 15
This widget could not be displayed.
The closer you come to meeting the following the closer you are to qualifying:

https://accountants-community.intuit.com/questions/1794144-safe-harbor-for-199a-rentals
ACME Taxes, Tatoos, Tires and Tomatoes (I had to get rid of the turtles - they kept running away)
0 Cheers