Journal Issue:
Agricultural Law Digest: Volume 27, Issue 6
Agricultural Law Digest: Volume 27, Issue 6
No Thumbnail Available
Volume
Number
Issue Date
Journal Title
Journal ISSN
Journal Volume
Journal Volume
Articles
Publication
Cases, Regulations and Statutes
(
2016-03-11)
Publication
Deductibility of Passive Activity Losses Allowed for Landowner Renting to A Tenant
(
2016-03-11)
A 2015 Tax Court case, Leland, Jr. v. Commissioner,1 involved an Internal Revenue Service objection to the deductibility of losses alleged by IRS to be passive activity losses which, if upheld, would have denied deductibility. Litigated cases involving landlord and tenant where the issue is passive activity losses are relatively rare.