Scorkett
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Thank you that makes sense. The instructions for form 8582 really lay everything out well :Trade or Business Activities A trade or business activity is an activ...
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Sorry to bring this back up again.I wanted to ask what everyone decided on whether the < 7 days + material participation meant trade / business activity (non pa...
Activity Feed for Scorkett
- Posted Re: I need a place to enter the avg rental period of my rental property. If <7 days, it gets reported as a business instead of rental, which means it's not passive income. on Investors & landlords. February 5, 2024 2:33 PM
- Cheered Re: Airbnb - 7 Day Rule and Material Participation for DianeW777. February 5, 2024 2:28 PM
- Posted Re: I need a place to enter the avg rental period of my rental property. If <7 days, it gets reported as a business instead of rental, which means it's not passive income. on Investors & landlords. February 2, 2024 4:27 PM
- Posted Airbnb - 7 Day Rule and Material Participation on Investors & landlords. February 1, 2024 2:28 PM