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8. Larry sells a rental house for $162,000 in 2015 that has an adjusted basis of $115,000. During the years of his ownership, $68,000 of
8. Larry sells a rental house for $162,000 in 2015 that has an adjusted basis of $115,000. During the years of his ownership, $68,000 of losses have been incurred that were suspended under the passive...
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