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In 2024, Blake, an unmarried taxpayer, had $120,000 of AGI and a $31,000 loss from his rental real estate activitiesacquired on November 30, 2021in which

In 2024, Blake, an unmarried taxpayer, had $120,000 of AGI and a $31,000 loss from his rental real estate activitiesacquired on November 30, 2021in which he actively participated. How much, if any, of the passive activity loss can Blake deduct for 2024? A) $25,000 B) $0 C) $31,000 D) $15,000

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