Multiple Choice
If an individual is not a material participant, a rental activity is considered passive. However, certain rental activities are not deemed to be rentals for passive loss purposes even if the individual is not a material participant. Which of the following is not excluded from the passive loss rules?
A) Golf cart rentals.
B) Hotel rooms.
C) Jet ski rentals.
D) Apartment rentals.
E) Construction equipment rentals.
Correct Answer:
Verified
Correct Answer:
Verified
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