Michelie is an ective participant us the rental condominium properfy she owns. Duing the year, the property generates o i $18,000 ioss; however, Micheste has sumficient tax bass and at nsk ampunts to absorb the 1oss if Michelle has $121,000 of salary, $10,600 of long-term capital gains, $3,600 of awdends, and no addinional sources of income of deductions, how much loss can Michelle deduct? Misciechoke 50; linses from terad prapetr a pasive loses and can only be attiet by passive income: sin600 57400 5+4000 None af the ctices ee correct