If under an S-corp a person runs 2 different activities, one with material participation and the other without material participation, he can combine the income/loss from these activities?
the example of mario, how come you are offsetting the passive income of 15K against the active loss of 75k? thought you said those are separate and can't be offset against each other? and also in the solution you are referring to a 15K loss when in the facts of the questions, the 15 is mentioned as income.