John, a limited partner of Candy Apple, LP, is allocated $25,000 of ordinary business loss from the partnership. Before the loss allocation, his tax basis is $18,000 and his at-risk amount is $8,000. John also has ordinary business income of $18,000 from Sweet Pea, LP, as a general partner and ordinary business income of $7,000 from Red Tomato as a limited partner. How much of the $25,000 loss from Candy Apple can John deduct currently

B

Explanation:

it's actually a very difficult task, due to not many people can make 2 million dollars in 2 years. besides that, to the not-so-realistic ideas, you can create a business. it could be practically anything, but make it into a business that isn't that known yet, you get me? also, lets not forget about stock market. that's where all the good stuff happens. use investments at the beginning and begin to raise up your business or whatever you're going to do. as this is a very non-realistic idea, it's still worth the shot!

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