Choose the response that best completes the following sentence. A taxpayer may be treated as actively participating rental real estate activity when they own at least 10% of the property and: 1)make management decisions in a significant and bona fide sense, 2) ratify decisions made by a property manager or manaagement company 3)spend more than half their time across all traded or businesses in real estate activities or 4)spend more than 750 hours in real esrate activities.