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Harvey rents his second home. During the year, Harvey reported a net loss of $55,000 from the rental IF Harvey is an active participant in

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Harvey rents his second home. During the year, Harvey reported a net loss of $55,000 from the rental IF Harvey is an active participant in the rental and his AGi is $96,800, how much of the loss can be deduct against ordinary income for the year? Multiple Choice $25,000 555,000 O $15.000 $0

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