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Business & farm
I have this same question. However, my husband and I do own 34% of Company A and we handle everything about it. We rent a commercial building to another Company B that we also own 30% of and participate daily in. At this time, Company A only owns the one property but expects to add properties one day. Does this qualify as a trade or business? And, is the question referring to this single property or to Company A as a whole which owns the property?
‎April 7, 2020
10:11 AM