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Luiza and her husband rent out a townhouse in a nearby city. They have been fortunate to have rented to the same tenant for the
Luiza and her husband rent out a townhouse in a nearby city. They have been fortunate to have rented to the same tenant for the entire time they have rented this property. The few times repairs have been needed, her husband has been handy enough to take care of the repairs himself. Luiza and her husband may spend at most 20 hours annually on real estate rental services. Select the most appropriate classification for this rental activity. C Hobby Investment Activity Trade or Business Personal Activity
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