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Donna borrowed $250,000 to acquire an investment property. She gives you the following information related to an investment property, and her other investments: Interest and

Donna borrowed $250,000 to acquire an investment property. She gives you the following information related to an investment property, and her other investments: Interest and annuity income on other investments: $12,500 Long-term capital gain on sale of stock: $7,500 Real estate tax paid and deducted on investment property: $1,000 Interest expense on loan used to acquired investment property: $21,000 Required What is Donnas current investment interest deduction, assuming she does not make any special election regarding

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