Ani v. Comr., T.C. Sum. Op. 2011-119

(married couple did not qualify as a real estate professional for purposes of the passive loss rules; husband was barber and wife a nurse; couple owned five rental properties and reported rental income on Schedule E and claimed that he was a real estate professional; husband's own documents showed he spent 1,377 hours barbering and 956 hours on rental activities in 2005 and 1,380 hours on barbering and 886 hours on rental activities in 2006; more time spent on non real estate rental activities; accuracy-related penalty imposed). 

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