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llene rents her second home. During the year, Ilene reported a net loss of $15,000 from the rental. If llene is an active participant in

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llene rents her second home. During the year, Ilene reported a net loss of $15,000 from the rental. If llene is an active participant in the rental and her AGI is $145,000, how much of the loss can she deduct against ordinary income in the year? Multiple Choice $15,000. $12.500. O $2.500. O $0

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