Question: What is the correct rule for determining if an activity not related to horses is presumed to be for profit? a . The activity shows

What is the correct rule for determining if an activity not related to horses is presumed to be for profit?
a.The activity shows a profit in 5 out of the last 7 years.
b.The activity shows a profit every other year.
c.The activity shows a profit in 2 out of the last 7 years.
d.The activity shows a profit in 3 out of the last 5 years.

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