Examlex
For purposes of applying the passive loss limitations for rental real estate,active participation requires a greater time commitment by the taxpayer than does material participation.
Judgments
Judgments are cognitive processes involving evaluation or estimation of something or someone, often influenced by personal experience, knowledge, and values.
Overconfidence
A cognitive bias characterized by an individual's belief that they are more accurate or capable than reality supports.
Illegal Drugs
Substances whose production, sale, or possession are prohibited by law due to their potential effects on users' health or society.
Freshman Year
Freshman Year is the first year of a student's journey in high school or college, marking a significant transition period.
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