Can I limit the results of a relationship field based on a checkbox?

Hello

Can you make a record inactive without deleting it, we have a two modules linked Pass Type and Passes. 

Inside the Passes module we can select from a list of Pass Types, what I want to be able to do is to select certain Pass Type records and set them as Inactive so that they no longer appear as an option in the Pass Type relationship field within the Passes record.

So essentially tick a box on the Pass Type record to inactivate it. 

Thank you for your help in advance.

Jaymie