To qualify for the real property business exception for rental activities

Select one:

a.the taxpayer must materially participate for at least 500 hours.

b.the taxpayer and spouse must materially participate for at least 1000 hours.

c.half the taxpayer's time must be spent in the activity and must equal at least 500 hours in the activity.

d.the taxpayer must materially participate for at least 750 hours.