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Kate owns 25 real estate rental properties that she manages herself. She averages about 20 hours a week taking care of her properties. This year,

Kate owns 25 real estate rental properties that she manages herself. She averages about 20 hours a week taking care of her properties. This year, the rental properties produced a loss of $35,000. Kate also has pension and interest income of $55,000. How much rental property loss may Kate deduct on her return? a. $35,000 b. $0 c. $17,500 d. $25,000

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