Rentals Not Treated as Passive Investment Income for S Corporation Purposes
In PLR 201725022, a corporation received rental income from its leasing of offices for medical and related services. The taxpayer intended the rental income from its maintenance-related operations as non-passive investment income under section 1362(d)(3)(c)(i). In PLR 201725022, a corporation received rental income from its leasing of offices for medical and related services. The taxpayer intended the rental […]