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List three potential harmful effects that could have occurred after the dirt road was built in the area.
Passive Activities
Economic activities or investments in which the investor does not materially participate, often subject to different tax rules.
Schedule A
A form used in the U.S. tax system for itemizing deductions, including medical expenses, taxes paid, and charitable contributions.
Schedule C
A tax form used by sole proprietors in the United States to report the income and expenses of their business, used to calculate net business profit or loss.
Primarily Rental
Describes a property used mainly for rental purposes, affecting its tax treatment and eligible deductions.
Q4: List three examples that link indirect causes
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