limited entrepreneur
Defined in 1 place of the United States Code.
For purposes of this subsection, the term “limited entrepreneur” means a person who—
(A) has an interest in an enterprise other than as a limited partner, and
(B) does not actively participate in the management of such enterprise.
Source
- 2014–present26 U.S.C. § 461Internal Revenue Code · General rule for taxable year of deduction · in this section