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Deductions & credits
The aggregation idea says that the businesses are substantially linked. If you are a real estate professional and then also renting a house then they are substantially linked. If you are not a real estate professional, then they should not be aggregated.
If you are aggregating, then the statement consists of a description of each trade or business and the name and EIN of each trade or business.
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March 29, 2023
1:58 PM