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Anwer owns a rental home and is involved in maintaining it and approving renters. During the year, he has a net loss of $ 1
Anwer owns a rental home and is involved in maintaining it and approving renters. During the year, he has a net loss of $ from renting the home. His other sources of income during the year are a salary of $ and $ of longterm capital gains.
How much of Anwer's $ rental loss can he deduct currently if he has no sources of passive income?
Deductible rental loss
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