I am informed by another CPA that I can not claim active participant if I am living abroad. Can anyone please help cite a source for such a rule? Also, accordin...
Thanks! I understand. In that case, my accountant seems to question/ignore that I managed actively due to my presence abroad. Curious, is there a major differen...
1) I think the two terms are NOL vs. passive losses but am not sure about the terms. Which one should I use? My accountant is pushing for passive losses. The fa...