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Brad is an individual. He purchases a second home that is rented out the entire year. Brad spends very little time and effort tending to
Brad is an individual. He purchases a second home that is rented out the entire year. Brad spends very little time and effort tending to the affairs of the rental home. The income Brad earns from the rental home would be reported as ________.
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Part 1
Choose the correct answer.
A. property income
B. business income
C. employment income
D. capital gains
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