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Jane owns and actively manages an apartment complex. The complex generated a net loss of $42,000 in 2015. If Janes adjusted gross income before considering
Jane owns and actively manages an apartment complex. The complex generated a net loss of $42,000 in 2015. If Janes adjusted gross income before considering the loss is $120,000, and she has no other passive activities, how much of the loss is deductible in 2015?
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