Nora is an active participant in the rental condominium property she owns. During the year, the property generates a ($30,000) loss; however, she has sufficient tax basis and at-risk amounts to absorb the loss. If Nora has $85,000 of salary, $10,000 of long-term capital gains, $3,000 of dividends, and no additional sources of income or deductions, how much loss can she deduct?

	A.	Zero; losses from rental property are passive losses and can only be offset by passive income.
	B.	$25,000.
	C.	$11,000.
	D.	$15,000.
	E.	None of the choices are correct.