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.
Form 8582 is used to calculate passive activity loss limitations and to keep track of rental losses that accumulate each year for each property. Tax Planning for Landlords Landlords occasionally make a small profit when the rental income is sufficient to pay the mortgage as well as property taxes, insurance, and repairs.