What Is Required for an Individual to Be Considered as Actively

question 2132

Essay

What is required for an individual to be considered as actively participating in a real estate activity for purposes of utilizing the $25,000 ceiling on rental real estate losses?

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Definitions:

Ovulation

The releasing of an ovum from an ovary.

Childbearing Years

The age span, typically between late teens and late 30s, during which a woman has the biological capability to conceive and bear children.

Fetus

A developing mammal or human in the uterus from the end of the embryonic stage (about 8 weeks after conception) until birth.

External Stimulation

Involves sensory input from the environment that influences a person's physical or psychological state.