IRM 7751 : text of Internal revenue manual United States. ... The, intention was to exclude passive income frorntax and not exclude an active business. ... For example, if the rents attributable to the personal property lcascd are determined to be $3, 000 per year, and the total rents from -all property leased are Sl0, 000 per yearanbsp;...
|Title||:||Exempt organizations handbook|
|Author||:||United States. Internal Revenue Service, Commerce Clearing House|