This preview shows pages 1–3. Sign up to view the full content.
This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: tax consequences of doing so. NOTE: You must either (1) submit complete citations to these online resources so that your instructor may find these studies online or (2) submit complete copies of these online resources with your submission. Failure to do so will result in a zero for the assignment. Reference Passive Loss Limitations, Retrieved January 20, 2012 form flatworldknowledge.com Web site: http://www.flatworldknowledge.com/beta-0.2/fundamentals-income-tax-theory/income-%E2%80%94-self-employment-renta/farm-income Passive Loss Limitations, Retrieved January 20, 2012 form web-books.com Web site: http://www.web-books.com/eLibrary/NC/B0/B57/079MB57.html Oil and gas, Retrieved January 20, 2012 form cookco.us Web site: http://www.cookco.us/oil_and_gas.htm Topic 425 - Passive Activities Losses and Credits, Retrieved January 20, 2012 form irs.gov Web site: http://www.irs.gov/taxtopics/tc425.html...
View Full Document
- Summer '11