Question
On July 1, 2018, Janett Koenen acquired 1,000 shares of Techhab Inc. for $10 per share. The purchase was financed with a $10,000 bank loan,
On July 1, 2018, Janett Koenen acquired 1,000 shares of Techhab Inc. for $10 per share. The purchase was financed with a $10,000 bank loan, requiring annual interest payments of 5 percent. These shares were sold on December 1, 2018 for $6 per share, with the proceeds immediately invested in 500 Flexhub Ltd. shares at $12 per share. During 2019, the Flexhub shares pay eligible dividends of $0.50 per share. The bank loan was not repaid in 2018 and remains outstanding on December 31, 2019. On her 2019 tax return, Janett will report:
Group of answer choices
Net Property Loss Of $155.
Net Property Income Of $345.
Net Property Loss Of $250.
Net Property Income Of $45.
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