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Connie has AGI of $90,000 and owns rental property generating a $27,000 loss. She actively manages the property. Her deductible loss is

Connie has AGI of $90,000 and owns rental property generating a $27,000 loss. She actively manages the property. Her deductible loss is
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4 votes
Connie has AGI of $90,000 and owns rental property generating a $27,000 loss. She actively manages the property. Her deductible loss is

asked
User Asher Walther
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8.5k points

1 Answer

2 votes

Answer and Explanation:

Her deductible loss is $27,000.

answered
User Dick Larsson
by
8.1k points
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