Assume the same facts as in Problem 46, except that Mary Beth is a real estate agent.

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Assume the same facts as in Problem 46, except that Mary Beth is a real estate agent. She works 1,000 hours per year as a real estate agent and 1,200 hours per year managing her office building. How may she treat the loss on the office building?

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CCH Federal Taxation 2019 Comprehensive Topics

ISBN: 9780808049081

2019 Edition

Authors: Ephraim P. Smith, Philip J. Harmelink, James R. Hasselback

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Question Posted: Feb 27, 2024 04:02 AM

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Assume the same facts as in Problem 46, except that Mary Beth is a real estate agent.

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Mary Beth is a real estate agent and also manages an office building She works 1000 hours per year a...View the full answer

CCH Federal Taxation 2019 Comprehensive Topics

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