H.R. 4823 — A bill to permit subchapter S corporations to hold business rental real estate property.

Summary

Amends the Internal Revenue Code to remove from the passive investment income limitation for subchapter S corporations any gross receipts derived from the rental of real property used in a trade or business.

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Legislative Actions

1981-10-22
Introduced in House
1981-10-22
Introduced in House
1981-10-22
Referred to House Committee on Ways and Means.

A bill to permit subchapter S corporations to hold business rental real estate property.

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Summary

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Legislative Actions

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