AmyC
Expert Alumni

Investors & landlords

See 

Publication 527, Residential Rental Property (Including Rental of Vacation Homes) for all answers. It says on material participation: Generally, you materially participated in an activity for the tax year if you were involved in its operations on a regular, continuous, and substantial basis during the year. For details, see Pub. 925 or the Instructions for Schedule C.

 

Related:

About Publication 925, Passive Activity and At Risk Rules

About Schedule C (Form 1040), Profit or Loss From Business

 

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