Question
lisa dapper is single and has a modified AGI of $64,550. she has income of $7,500 from a limited partnership in which she does not
lisa dapper is single and has a modified AGI of $64,550. she has income of $7,500 from a limited partnership in which she does not materially participate, and she has a loss of $8,550 from active participant rental real estate activities. lisa is not a real estate professional. what is the amount of passive activity losses allowed in 2019?
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Management And Cost Accounting
Authors: Colin Drury
9th Edition
1408093936, 978-1408093931
