In a recent article, George S. Jackson, tax professor at Elizabeth City State University, argues that the passive activity limitations of section 469 should be repealed because they are counterproductive. The full article can be accessed at Tax Analysts.
See George S. Jackson, "Passive Activity Limitations: Time for a New Paradigm?" 2011 TNT 206-17 (October 25, 2011).
By Derek Young, Associate Editor, Wealth Strategies Journal

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