California conforms to the Federal special allowance rules for those taxpayers who actively participate in rental real

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California conforms to the Federal special allowance rules for those taxpayers who actively participate in rental real estate activities. Under this rule, up to what amount of passive rental real estate losses may be used to offset non-passive income? A. $10,000 B. $25,000 C. $50,000 D. $100,000

Posted Date: Jun 23, 2024 03:02 AM

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California conforms to the Federal special allowance rules for those taxpayers who actively participate in rental real

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