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News for January 23, 2022

Are You Operating Your Campground On A Schedule?

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Campgrounds can be taxed in many different ways, depending on the elections, the owners, personal taxation strategies, and how the entity was formed. However, an operating campground is not one of those. Schedule E is for passive activities and in most cases operating a campground will not qualify as a passive activity.

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Modern Campground

Modern Campground

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