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Mona has active modified adjusted gross income before passive losses of $900,000. She has a loss of $10,000 on rental property she actively manages. How
Mona has active modified adjusted gross income before passive losses of $900,000. She has a loss of $10,000 on rental property she actively manages. How much of the loss is she allowed to take against the 900,000 of other income? O 25,000 10,000 O 15,000 OO
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