These expenses may even generate a net loss, subject to the passive activity limitations of Section 469.
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Also deductible are investment interest, but only to the extent of investment income and trade or business interest (subject to the passive activity loss rules).
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The reality is that small touchscreen devices and voice recognition are better suited for searching, and due to the passive nature of TV viewing, I think people want to browse first and search second.
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Mine is a profession that might on the surface appear to suit the passive personality.
On Monday, Commons Speaker John Bercow warned the security of the ballot could be threatened by Friday counting and demanded an end to the "passive acceptance" of the practice.
New York Mayor Michael Bloomberg's office has cited studies suggesting that sitting three feet away from a smoker outdoors can expose people to the same passive smoking risk as would occur indoors.
Nintendo is also touting two features called StreetPass and SpotPass, which basically amount to the device being able to receive new updates and content in the passive modes, all without the user needing to do anything.
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It is critical to not be on the sidelines or take a passive approach to the opportunities and threats.
In enacting the exception, Congress explained that Subpart F is intended to apply to income of a foreign subsidiary that is either passive or easily moveable, and the lack of an exception caused the Congress to be concerned that the Subpart F provisions applied to income that is neither passive nor easily moveable.
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But as with any challenge, the outcome is in the response: we as individuals can choose to join the doomsayers, passive bystanders, and despondent fatalists in the comfort of collective complaining, or we can choose to abandon mediocrity, see the silver lining, and act upon the opportunity to build a better future.
But there are two big exceptions to the ban on using passive losses to offset regular income before you sell.
China must try to reduce the loss and transfer the passive situation to an active one.
Losses in the passive bucket can only be used to the extent of profits and gains in the passive bucket or when an activity is totally disposed of.
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It excels as an extension of the Matrix universe, giving people a chance to be more than passive bystanders in the struggle to liberate humans from the rule of the machines.
It may appear that ramping up your hours to materially participate in an activity is a no-brainer, because by converting the activity from passive to nonpassive, you can pull the resulting income out of the computation of net investment income and save an extra 3.8% in tax.
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The former need to source more passive candidates because the corporate recruiters have typically exhausted the pool of more active candidates.
Many reporters have also been determined to avoid repeating the passive path taken by many colleagues before the Iraq war, when tough questions were not asked.
In what must be the most ironic turnabout in history, the unremitting violence that might have helped more Jews survive the Holocaust has now condemned the Palestinians to hell on earth while the passive cowardice that let Hitler kill six million could go a long way toward helping Palestinians alleviate their misery.
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Namely, the IRS states that rental real estate activities income might be included in either Part A of the NII composite, which includes general sources of investment income, and Part B, as being passive to the taxpayer.
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President Barack Obama now claims to be a passive bystander in the decision to close down White House tours.
Ancient philosophers called our functions passions, because what we do tends to render higher functions of the soul passive before our ability to override them.
The active the borrowers get to win out, and the passive the savers get robbed.
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In essence, the judge could deem a normally active asset (the business) to be a passive asset and therefore would use the trial date as the valuation date rather than the DOS (or commencement of the divorce action in New York).
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The second is that many of these pranks seem to happen in the Northeast, leading me to think that passive aggressiveness may be a regional character trait.
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Meeting the standard of material participation, and thereby turning an activity from passive to nonpassive, is obviously a critical consideration, for if an activity is passive, all of the income allocated to the individual owner will constitute net investment income under Prop.
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Among the 401(k) plan sponsors that made changes to their investment lineups in 2011, the vast majority increased the proportion of passive funds on the menu, according to a recent report published by Callan Associates.
Looking ahead, Blackrock has diversified its business in such a way to benefit from the trend toward passive management and created many sources of revenues so that if investors want to shift among different strategies and asset classes, they can do all of this under one roof.
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They do permit me to declare amounts that are the result of passive income and, to some extent, amounts that come in as royalties from projects I did some time ago as profits and take these as dividends.
The Tax Reform Act of 1986 brought that to a crashing halt with the enactment of the passive activity loss rules (Section 469) which was a blow to real estate values.
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If they heat up again, will China (2, 000 kilometers to the north) remain passive?
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