About us
Definitions for "Active participation"
Keywords:  rental, passive, nondeductible, deduct, decisions
Related Terms: Passive activity, Property management, Property manager, Personal property, Chattel real, Income property, Real property, Real estate professional, Realty, Real estate, Hereditaments, Property, Like kind property, Like-kind property, Classification, Absentee landlord, Personalty, Real, Chattel, Tangible personal property, Leasehold estate, Tangible property, Situs, Broker, Freehold estate, Moveable property, Fixture, Dispossess, Involuntary conversion, Realty, Absentee owner, Chattels, Real estate syndicate, Reo, Real estate, Hereditament, Tax-deferred exchange, Trade fixtures, Devise, Fixtures, Direct property, Certified property manager, Commercial real estate, Occupancy, Business personal property, Non-owner occupied, Leasehold property, Vacant possession, Real property,
Involvement in a rental real estate activity making management decisions. Requires no specific number of hours.
smbiz.com
If you make the decisions regarding the management of rental property you own, you are said to actively manage it.
strangecpa.com
Just what it sounds like: taking an active role in the management of an enterprise. This is a determining factor for the IRS in rental real estate issues. The rules for active participation are much easier to meet than the material participation rules. An active participant may generally deduct up to $25,000 of rental real estate losses against other income. An active participant must not be a limited partner or own 10 percent or less of the property. See also Material Participation.
desertschools.org
View 3 more results