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During the tax year, Ken was a shareholder in an S corporation, owned rental property, and sold personal stock securities unrelated to that S corporation.
During the tax year, Ken was a shareholder in an S corporation, owned rental property, and sold personal stock securities unrelated to that S corporation. Which of the following items is one of Ken's involvements to which the at-risk rules would not apply?
a) A trade
b) A business
c) Activities that result in the production of income
d) Sale of personal stock securities unrelated to the S corporation in which he is a
shareholder
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