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What are the differences between material participation, active participation, and significant participation?

What are the differences between material participation, active participation, and significant participation?

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The activity is a significant participation activity if participation is greater than 100 hours Active participation is defined as any interest in any rental real estate activity for any period if such interest including any interest of the spouse of the individual is greater than 10 …View the full answer


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Fundamentals Of Taxation 2015

Fundamentals Of Taxation 2015

ISBN: 9781259293092

8th Edition

Authors: Ana Cruz, Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler, Jinhee Trone

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Posted Date: August 26, 2013 07:03:32
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