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Business & farm
Rental income is always passive income unless you have a business as a real estate professional.
IRS Publication 527 Residential Rental Property page 13 - https://www.irs.gov/pub/irs-pdf/p527.pdf#page=13
In most cases, all rental real estate activities (except those of certain real estate professionals, discussed later) are passive activities.
‎August 21, 2020
6:43 PM