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Lisa Dappers is single and has a modified AGI of $64,550. She has income of $7,500 from a limited partnership in which she does not materially participate, and she has a loss of $8,550 from active participant rental real estate activities. Lisa is not a real estate professional. What is the amount of passive activity losses allowed in 2019?
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Lisa Dappers is single and has a modified AGI of $64,550. She has income of $7,500 from a limited pa...
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