What Are the Relevant Factors to Be Considered in Determining

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The Answer is The nine relevant factors detailed in Reg. § 1.183-2(b) are as follows:
(1) Whether the activity is conducted in a businesslike manner.
(2) The expertise of the taxpayers or their advisers.
(3) The time and effort expended.
(4) The expectation that the assets of the activity will appreciate in value.
(5) The previous success of the taxpayer in the conduct of similar activities.
(6) The history of income and losses from the activity.
(7) The relationship of profits earned to losses incurred.
(8) The financial status of the taxpayer.
(9) Elements of personal pleasure or recreation in the activity.

What Are the Relevant Factors to Be Considered in Determining

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