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Amanda is the owner of an apartment complex. She actively participates in the management of the building. During the current year, it generates a taxable

Amanda is the owner of an apartment complex. She actively participates in the management of the building. During the current year, it generates a taxable loss of $42,000. Amanda's other sources of income are salary of $104,000 and interest of $16,000. What is Amanda's allowable loss from the apartment?

A. 15,000

B. 10,000

C. 42,000

D. 25,000

E. None of the above...

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