Which of the Following Is Not Generally Classified as a Passive

question 71

Multiple Choice

Which of the following is not generally classified as a passive activity?

• A)an activity in which the taxpayer does not materially participate
• B)a limited partnership interest
• C)rental real estate
• D)a business in which the taxpayer owns an interest and works 1,000 hours a year

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Definitions:

Volume

A section of a storage device that receives a drive letter and to which data can be written.

RPM

Revolutions Per Minute, a measurement of the frequency of rotation, specifying the number of turns completed in one minute around a fixed axis.

Data Transfers

The process of moving or copying data from one location to another, which can occur within or between computers or devices.

Stored

Refers to the act of keeping or placing data in a storage device for retrieval at a later time.