Its the characterization of the income that determines the taxation. 

The supply side of the market is characterized by a high availability rate of 16.1%, significantly above the 11% observed at the beginning of 2020.

Sorry, if I am not characterizing the total process correctly.

While it can generate significant profits over time, it requires patience and experience.E-commerce, on the other hand, is characterized by a lower barrier to entry, a global customer base, and the potential for faster profitability.

Emotional knee-jerk blanket categorical characterization of the businesses is counter productive.

IRC Sec 469 generally characterizes rental real estate as per se passive under IRC Sec 469(c)(2).If the taxpayer is able to qualify as a real estate professional under IRC Sec 469(c)(7)(B), IRC Sec 469(c)(7)(A) allows the taxpayer to apply a material participation test to his/her rental real estate activities for a passive / non-passive determination. 

Short-term Opportunity for Buying from Panicking Sellers: Current market conditions, characterized by sellers eager to liquidate assets quickly, may offer a temporary opportunity for investors to purchase properties at lower prices.

West Allis is having a nice 1st quarter in 2015 according to GMAR " Hottest MarketsThe most popular markets in the region, characterized by those communities that generally had an increase in units sold, an increase in average sale price, and a decrease in days-on-market (DOM), were:"

This synergy is characterized by effective communication, a mutual commitment to shared success, and an ongoing partnership rather than a purely transactional interaction.

In Tucson I specialize in the Luxury Market characterized by over +800k and MFH 5-50 units.