Examlex
Is the permeability of a material for air the same as its permeability for water vapor? Name some building materials that are impermeable to both air and water vapor.
At-risk Amount
The investment in money or other property at risk in an activity, determining the deductible loss limit.
Passive Loss Rules
Tax provisions limiting the amount of loss investors can claim from passive activities, such as rental properties, to offset other income.
Income
Funds acquired regularly from labor or investment returns.
At-risk Amount
The maximum value taxpayers are at risk of losing in an investment, affecting the deductible loss limit in tax declarations.
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