After extensive research, they found that an exit event during the previous year significantly increased the probability an individual would be engaged in subsequent entrepreneurial activity.
While no one asks for the destruction that a disaster such as Hurricane Sandy brings, the subsequent rebuilding does bring spending and economic activity.
As you will see in the subsequent posts, materially participating in an activity, whether it be an S corporation, partnership or sole proprietorship, is a prerequisite to excluding any income from net investment income.