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Jacqueline is a 60 percent owner of a rental property and has a significant role in the management of the property. During the current year,

Jacqueline is a 60 percent owner of a rental property and has a significant role in the management of the property. During the current year, the property has a rental loss of $21,500. What is the effect of the rental property on her taxable income, if her adjusted gross income is $71,000? $187,000? $129,000? $107,000?

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