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Which of the following statements accurately describes active participation? a spending more than half the time in all trades or businesses in real estate activities
Which of the following statements accurately describes active participation?
a spending more than half the time in all trades or businesses in real estate activities and spending more than 750 hours real estate activities.
b Involved in the activity
c providing 250 hours of personal service to the rental enterprise
d Making management decisions like approving new tenants, deciding on rental terms, and approving expenditures
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