IRC section 469(a)(1) defines a passive activity as one involving the conduct of any trade or business in which the taxpayer does not materially participate. In section 469(a)(2), the statute ...

Example: ABC partnership is a trader of stocks, bonds, and other securities (within the meaning of IRC Section 1236(c)). The capital employed by the partnership in the trading activity consists of ...

Regulations allow taxpayers to use a facts-and-circumstances approach to define one or more trade or business activities as a single activity if the activities constitute an appropriate economic unit ...

Question: My wife and I are in a high tax bracket and are considering buying rental properties to save taxes. Our understanding is that we can depreciate the properties and benefit from the tax losses ...

Trading at just over 10 times forward earnings, with a price/book ratio of 1.21, this is a stellar buy for passive ...

With inflation and interest rates rising, many people are looking for ways to generate additional income these days—and finding reliable sources of passive income, which require less effort than most ...

Greenville, South Carolina-based Proactive MD, which offers onsite health management services to employers (including full direct primary care services) has acquired Charlotte, North Carolina-based ...