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Amanda owns several rental houses and performs all management functions. Amanda uses a handyman to perform maintenance and repairs. Her AGI for the year is


Amanda owns several rental houses and performs all management functions. Amanda uses a handyman to perform maintenance and repairs. Her AGI for the year is $120,000. The rental house activity has a loss of $25,000 for the year. Amanda has no passive income and is not a real estate professional. How much of the rental house loss can Amanda deduct for the tax year?

a. Nothing

b. $25,000

c. $10,000

d. $15,000

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