options 1: active, passive, portfolio losses / only active and portfolio losses / only passive activity losses / only passive & portfolio losses

options 2: active, passive, and portfolio losses / only active and portfolio losses / only passive activity losses / only passive and portfolio losses

options 3 : active & passive

Discussion Question 11-6 (LO. 3) Kim owns an interest in an activity that produces $100,000 of income during the year. Complete the statements below regarding whether Kim would prefer to have the activity classified as active or passive. . Active income can be offset by . Therefore, Kim Passive activity income can be offset by would prefer to have the activity classified as