During the years in issue petitioner maintained his Florida real estate sales license under a brokerage, Prudential Palms Realty, and worked approximately 40 hours per week as an independent contractor assisting other individuals with selling, purchasing, and leasing homes.

FORBES: Even Real Estate Salesman Has Trouble With Passive Loss Exception

Arthur Ryan , chief executive of the brokerage's parent company, Prudential Insurance Co. of America a.k.a. the Rock handpicked Strangfeld, 48, for the job last fall.

FORBES: The Great Divorce

Arthur Ryan, the CEO of the Prudential Insurance Co. of America (the Rock), the brokerage's parent company, handpicked Strangfeld, 48, for the job in the fall.

FORBES: The great divorce