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Evelyn has rental income of $47.000 and passive income of $16,500. She also has $141,000 of losses from a real estate rental activity in which
Evelyn has rental income of $47.000 and passive income of $16,500. She also has $141,000 of losses from a real estate rental activity in which she actively participates. Evelyn's AGI is $93,000 before considering this activity Required: How much rental loss can she deduct against other income sources without regard to the at-risk rules? Deductible rental loss
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