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Question 8 of 75 A taxpayer has active and material participation in a rental real estate activity reported directly on their personal return. Is
Question 8 of 75 A taxpayer has active and material participation in a rental real estate activity reported directly on their personal return. Is this an active or a passive activity for tax puposes for the State of California? (Look at the explanation as much as the actual answer.) O Real estate rental activity is always considered active for the State of California. O It's considered active for the State of California due to the level of participation. O Passive activity for California, unless the activity also rises to the level of a real property trade or business. O Passive activity for California, since California never allows personal real estate rentals to be considered anything but. Next
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