Case: In Yaryan v. Commissioner, TC Memo 2018-129, the Tax Court allowed only a nonbusiness bad debt for losses incurred in a real estate joint venture as the taxpayers activities did not constitute a business (this case disfavors those hoping on a broad definition of business for the Section 199A deduction).

Summary should be include the following five sections: 1>. case citation.2.> facts.3.>issues.4>holding and 5>.rationale.