@ericjford wrote:
So I think that is an additional piece of written evidence to justify your position and @AmeliesUncle's position in the next post that this activity gets reported on Schedule E, not Schedule C.
Yes, @ericjford, we can agree on that. Further, the fact that the 7-day and 30-day "rules" appear in the Section 469 regs is relevant since that section specifically addresses passive activity losses.
Also, Section 469 basically defines "rental activity" as any activity where payments are principally for the use of tangible property [emphasis added}.
