This refers to a taxpayer’s wages, salary, commissions, tips, and income from businesses and other activities and services that have participation. Active income signifies that you are physically doing something in order to obtain wage or income. It arises from active real estate investing.
Active Income
This refers to a taxpayer’s wages, salary, commissions, tips, and income from businesses and other activities and services that have participation. Active income signifies that you are physically doing something in order to obtain wage or income. It arises from active real estate investing.