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What is the term used to describe participation in an activity that is not necessarily regular or continuous, but instead involves the taxpayer participating in

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What is the term used to describe participation in an activity that is not necessarily regular or continuous, but instead involves the taxpayer participating in management decisions in a significant and real sense? Material participation Active participation Real participation Significant participation None of the above In order to meet the material participation test for a rental real estate activity, over what number of hours of personal service must the taxpayer work in rental real estate during the year? 100 250 500 750 1,000

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