Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of Science in Finance degree from Bridgewater State University and helps develop content strategies. Passive activity is ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed ...
The principles behind the passive-activity loss limitations rules under Code Sec. 469 and the net investment income Medicare tax under Code Sec. 1411 are similar -- limit business losses from passive ...
As the popularity of short-term rentals through services such as Airbnb and Vrbo continues, CPAs more often face questions from their tax clients of how rental income and expenses are treated for tax ...
Dear Tax Talk,I have a rental property. I have done all the research and am now filling out Schedule E. Here are my questions. 1. What do the passive activity loss rules mean in plain English? Is it ...
As part of the IRS's continuing efforts to require greater disclosure of tax positions and strategies on returns, it recently released new, mandatory disclosure rules for grouping passive activities.
In a 2014 case, 1 the U.S. Tax Court ruled that in some instances a trust can “materially participate” in a trade or business, thus avoiding the “passive activity loss rules” which generally apply to ...
For many writers, feedback that your copy is "too passive" can be frustrating. The passive voice is, after all, grammatically correct. But there's a reason that public relations and communications ...
The passive voice is an important grammatical structure that appears in every form of written and spoken English. Knowledge of this construction is vital for reading and writing English in everyday ...
Real estate professional status can provide relief from the Passive Activity Loss Limitation rules and the 3.8% Net Income Investment Tax (“NIIT”), resulting in significant tax savings. Rental ...
How to find and rewrite instances of passive voice in your Microsoft Word documents Your email has been sent Passive speech is awkward and sometimes hard to understand. Let Word find your passive ...
Passive income allows earning without active work but requires initial investment of time and money. Investing in assets like dividend stocks or rental properties can generate ongoing passive income.