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In 2 0 2 0 , Frank, a resident of Florida, sold his Florida vacation home at a $ 5 , 0 0 0 loss.

In 2020, Frank, a resident of Florida, sold his Florida vacation home at a $5,000 loss. He deducted $3,000 on his federal return last year and carried the remaining $2,000 forward to 2021. In 2021, Frank moved to Oregon. How much of this loss may Frank deduct on his 2021 Oregon return?
$0
$2,000
$3,000
$5,000

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