Question
Amy owns interests in a beauty salon, a natural foods store, and a tanning salon. Several full-time employees work at each of the enterprises. As
Amy owns interests in a beauty salon, a natural foods store, and a tanning salon. Several full-time employees work at each of the enterprises. As of the end of November of the current year, Amy has worked 180 hours in the beauty salon, 220 hours at the natural foods store, and 80 hours at the tanning salon. These three ventures collectively will produce income. Amy also owns one other passive activity that is producing a loss (a limited partnership in which she has reported no participation). How should Amy plan her activities for the remainder of the year?
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