Allen owns both an apartment building in which he is a

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Allen owns both an apartment building in which he is a material participant and a restaurant consulting business. Of the 2,100 hours he spends on these activities during the year, 52% of the time is spent operating the apartment building and 48% of the time is spent in the restaurant consulting business. Are any of these activities passive activities? Please explain.

Reference no: EM13595126

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