An S corporation had rental income from a property that it leased to others. The S corporation, through its officers, employees and independent contractors, provides various services with respect to the property including janitorial and trash removal, maintenance and repairs and inspection services. The S corporation also provided security services. The IRS determined that the rental income was not passive. Priv. Ltr. Rul. 201523008 (Feb. 4, 2015).