Which of the Following Is a Passive Activity

question 50

Multiple Choice

Which of the following is a passive activity?

• A)Rental real estate activities where the owner is a real estate professional and works 800 hours per year.
• B)A limited partnership interest.
• C)A trade or business in which the taxpayer materially participates.
• D)All of these.

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Definitions:

SWOT Analysis

An examination of organizational strengths and weaknesses and environmental opportunities and threats.

Sustainability

Acting in ways that support a high quality of life for present and future generations.

Wealth

The abundance of valuable resources or material possessions, or the control of such assets which enables an individual or community to sustain and improve their well-being.

Strategic Management Process

A systematic approach to planning and guiding an organization’s strategy over time.