Investors & landlords

I tend to disagree with the other replies to this question. IRS pub 925 (2019) says "A rental activity is a passive activity even if you materially participated in that activity, unless you materially participated as a real estate professional." (p. 3, Passive Activity and At-Risk Rules) [emphasis added]. 

 

NB: I am not a tax professional and came to the community seeking support for my belief that the EasyGuide in TurboTax wasn't giving the correct answer because it doesn't seem to take the above quote into account.