Question
Which of the following are NOT required for use of the rental real estate safe harbor? Maintaining separate books and records for each rental activity.
Which of the following are NOT required for use of the rental real estate safe harbor?
Maintaining separate books and records for each rental activity.
Performing at least 250 hours of "rental service" throughout the year.
Maintaining contemporaneous records including reports or similar documents.
Owning a minimum of 10 rental properties.
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Auditing and Assurance Services Understanding the Integrated Audit
Authors: Karen L. Hooks
1st edition
471726346, 978-0471726340
