Question
Ned has active modified adjusted gross income before passive losses of 160000 . He has a loss of $15000 on rental property he actively manager
Ned has active modified adjusted gross income before passive losses of 160000 . He has a loss of $15000 on rental property he actively manager .How much of the loss is he allowed to deduct against his other imcome?
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Accounting And Financial Management For Residential Construction
Authors: Emma Shinn
5th Edition
0867186356, 978-0867186352
