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Business, 24.02.2020 18:49 PinkDivaGirl02

Ilene rents a property for the entire year. During 2019, Ilene reported a net loss of $15,000 from the rental. If Ilene is an active participant in the rental and her AGI is $140,000, how much of the loss can she deduct against ordinary income in 2019?

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Ilene rents a property for the entire year. During 2019, Ilene reported a net loss of $15,000 from t...
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