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Pablo, who is single, has $180,000 of salary, and a $27,000 passive activity loss from a real estate rental activity in which he actively participates.
Pablo, who is single, has $180,000 of salary, and a $27,000 passive activity loss from a real estate rental activity in which he actively participates. Of the $27,000 loss, how much is deductible? a. SO b. $10,000 c. $25,000 d. $27,000 e. None of these
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