other · IRS · Rule · Published 1995-12-22 · Effective 1995-01-01 · 60 FR 66496
Document
Document number
95-30872
Federal Register citation
60 FR 66496
CFR reference
26 CFR 1
Type
Rule
Action
Final regulations.
Category
other
Sub-agency
IRS
Publication date
1995-12-22
Effective date
1995-01-01
Treasury docket
TD 8645
Abstract
This document contains final regulations providing rules for rental real estate activities of taxpayers engaged in certain real property trades or businesses. The regulations reflect changes to the law made by the Omnibus Budget Reconciliation Act of 1993, and affect taxpayers subject to the limitations on passive activity losses and passive activity credits.