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Own a building 50% that we lease out, I’m the only one who does the cleaning, paying of bills, dealing with tenant, realtors etc. am I passive or no passive for k-1?

 
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2 Replies

Own a building 50% that we lease out, I’m the only one who does the cleaning, paying of bills, dealing with tenant, realtors etc. am I passive or no passive for k-1?

You are not passive.

Own a building 50% that we lease out, I’m the only one who does the cleaning, paying of bills, dealing with tenant, realtors etc. am I passive or no passive for k-1?

Thanks

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