one of three dimensions of the supply chain network design; the number of tiers in the supply chain, representing the total number of levels through which goods and services must pass from the earliest to end stages of the chain
A passive activity loss for the tax year is the excess of your passive activity deductions over your passive activity gross income. What are the passive activity limitations? Your passive activity losses are limited to the amount of your passive activity income for the taxable year.
Yet, income from leasing land doesnât qualify as passive income. Despite this, a land owner can benefit from passive income loss rules if the property nets a loss during the tax year. As far as holding land for investment â any earnings would be considered active. Passive Income and âNo Material Participationâ