Lucy has AGI of $141,000 before considering losses from some rental real estate she owns (she actively participates). She had the following losses from her rental property:

Rental property 1 $ (30,000)

Rental property 2 (14,000)

How much of the losses can Lucy deduct?

	allowed losses	suspended losses
property 1
property 2

If Lucys AGI before the losses was $88,000, how much of the losses can she deduct?

	allowed losses	suspended losses
property 1
property 2