A Group of Doctors Own Glenbrook Manor LLC, Which Owns

question 53

True/False

A group of doctors own Glenbrook Manor LLC, which owns and operates a nursing home.The home has 130 units where its tenants live and receive skilled nursing care.Each tenant signs an annual lease.The LLC would automatically be considered a passive activity since it is a rental business.

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Definitions:

CCPHA Campaign

An initiative or series of actions conducted by the California Center for Public Health Advocacy aimed at promoting public health awareness and policy change.

Soda Tax

Government-imposed tax on sugary beverages to combat obesity and health issues while generating revenue.

Sugary Drinks

Beverages containing added sugars such as sodas, sports drinks, and fruit-flavored drinks, often linked to health issues like obesity and diabetes.

Interstate Commerce Commission

A former agency of the U.S. government responsible for regulating the economics and services of specified carriers engaged in transportation between states.