Question: D. Form 656-L According to Ian Redpath and Robert Feenan, what is the minimum number of hours specified in Revenue Procedure 2019-7 that must be

 D. Form 656-L According to Ian Redpath and Robert Feenan, what

D. Form 656-L According to Ian Redpath and Robert Feenan, what is the minimum number of hours specified in Revenue Procedure 2019-7 that must be spent in normal activities related to rental real estate in order for a taxpayer to qualify under the safe harbor for taking a QBI deduction? A. 250 B. 500 C. 750 D. 1000 According to Ian Redpath and Robert Feenan, which of the following is correct regarding a trade or business? Taxpayer A must materially participate in ABC Corporation for the A. corporation to be classified as a trade or business. Material participation by more than 50% of a company's investors B. is required before the company can be classified as a trade or business. ABC Corporation cannot be a passive activity for Taxpayer A if Taxpayer B considers it to be a trade or business. ABC Corporation can be classified as a trade or business even D. though some investors in the corporation do not materially participate EXc. yang yar

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