Correct Answer: Option b) Income Statement. Explanation: An income statement is a financial statement that reports the revenues and expenses that …
Two exceptions to the special passive activity rule for real estate activities provide the whole or partial offset of real estate rental losses against active or portfolio income, even when the business is otherwise regarded as a passive activity.
<h3>Which rules regarding passive activities for rental revenue are exceptions?</h3>
- You have a stake in the yearly commerce or economic activities.
- During the current tax year or at least 2 of the 5 tax years prior, the rental property was utilized primarily in that trade or company.
<h3>Only real estate is subject to passive loss restrictions, right?</h3>
Generally speaking, the following actions can result in passive losses (and income): leasing of equipment. Rental property (though there are some exceptions) a farm or a sole proprietorship in which the taxpayer has no substantial interest.
<h3>How can passive income be balanced?</h3>
Selling off your rental properties will help you make up for your passive losses. You don't actually have to sell the property that's causing the losses to balance them effectively. Any passive income will be offset by losses.
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Answer:
a. Many countries in Europe and Asia were devastated after World War II and had to be rebuilt.
Explanation:
a) after WWII the US emerge as world leader taking the place of the UK and trade betwene Europe and Asia making post in the US improved global trade.
b) The postwar boom increased demand for product.
c) The cultural traditions did changge but not in that direction the world divided into Communinst and Capitalism
d) No, they weren't at all. Even Britain who didn't suffer land invasion has the south coast in ruins as a resutl of the aereal battle of brittian.
The data science can alter business resultants with the support of Analytics.
<h3>What is Analytics?</h3>
The systematized combinatorial investigation of the subject matter or applied mathematics is known as analytics.
It is a tool for determination, interpreting, and communicating crucial structures in data.
It also implies using data patterns to make more intelligent decisions. With the usage of analytics, data science may modify and better business outcomes.
Therefore, the Analytics can improve the business outcomes.
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