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Cinderella has $105,000 of losses from a real estate rental activity in which she actively participates. She has other rental income of $25,000 and other
Cinderella has $105,000 of losses from a real estate rental activity in which she actively participates. She has other rental income of $25,000 and other passive income of $32,000.
Determine the following amounts for Cinderella (ignoring the at-risk rules): a. Amount of loss deductible against other income (active and portfolio):
b. Suspended rental loss:
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