Since enactment of Subchapter S in 1958, attention has been focused on the type of lease entered into by S corporations. The question has been whether the income received by the S corporation as lessor constituted "rents" for purposes of the passive income test.
"Land Rental by S Corporations,"
Agricultural Law Digest: Vol. 6
, Article 1.
Available at: http://lib.dr.iastate.edu/aglawdigest/vol6/iss12/1