TourAxiom/US Federal/Statutes/Title 26/§ 469/(c)/(1)In generalOfficial sourceciteThe term “passive activity” means any activity—(A)#which involves the conduct of any trade or business, and(B)#cite · 26 U.S.C. § 469(c)(1)(B)in which the taxpayer does not materially participate.Passive activity includes any rental activity →
