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John sells Christmas trees. He has a lot full of trees that he has bought...

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Accounting

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John sells Christmas trees. He has a lot full of trees that he has bought from a nearby, local farm. The best O Contractor of and is paid by the local farm. O Farmer and should be recognized as being in the farming business. O A person with a hobby and has hobby income. O Sole proprietor and has self-employment income. Mark for follow up 47 Question 4 of 15. Leilani receives a crop share from Galictica Farms, which she rents to her neighbor, Dustin. She does not materially participate in the activ December 15, 2019. Leilani immediately used the crop share to feed her cattle, starting in January of 2020. Which of the following represen Leilani will have income and expenses reported on Form 4835, and the net income carried to Schedule E Leilani will have income and expenses reported on Schedule C Leilani will have income and expenses reported on Schedule F. There will be no income or expenses reported since Leilani was a tenant. Mark for follow up

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