Hello,
This year my rental losses is much greater than income generated from my rental property. I can't deduct these losses from my personal income since I don't qualify for the Special 25,000 Allowance. I am also not an real estate agent.
I like to generate some passive income to avoid suspended losses at the end of the year. Does selling goods online counts as an passive activity? More specifically, I am considering doing dropshipping where I don't produce, store, or ship the products.
Anyone have experiences in this area?
