Maurice is skilled at finding and purchasing property at sub-market prices. He rarely owns these properties for more than a few months, as he prefers to make a few upgrades and then sell them at a profit. Occasionally, Maurice buys a property with a tenant in residence, from whom he receives rent payments. How does he report this rental income on his tax return?

Not-for- profit income, reported on Schedule 1 Form 1040) line 8

Business earned income, reported on Schedule C.

Investment income, reported on Schedule D.

Passive income , reported on Schedule E