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Business, 07.03.2020 04:22 valeriegarcia12

Ned has active modified adjusted gross income before passive losses of $160,000. He has a loss of $15,000 on rental property he actively manages. How much of the loss is he allowed to deduct against his other income?

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Ned has active modified adjusted gross income before passive losses of $160,000. He has a loss of $1...
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