During the current year, Ethan performs personal services as follows: $800$ hours in his information technology consulting practice, $625$ hours in a real estate development business, and $510$ hours in a condominium leasing operation. $$He expects that losses will be realized from the two real estate ventures and that his consulting practice will show a profit. $$Ethan files a joint return with his spouse whose salary is $$125,000.$The income and losses from the following ventures are considered active and not subject to the passive activity$$loss limitations:

Group of answer choices

Only the information technology consulting practice.

Only the information technology consulting practice and the real estate development business.

Only the information technology consulting practice and the condominium leasing operation.

All three of the ventures are considered active and not subject to the passive activity$$loss limitations$.$

Group of answer choices

Only the information technology consulting practice.

Only the information technology consulting practice and the real estate development business.

Only the information technology consulting practice and the condominium leasing operation.

All three of the ventures are considered active and not subject to the passive activity$$loss limitations$.$

Group of answer choices

$$0$

$$7,000$

$$8,000$

$$12,000$

Group of answer choices

$$0$

$$2,614$

$$2,625$

$$7,950$