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Please answer this question: A taxpayer who actively participates in a rental real estate activity with AGI of $67,000 may, in many cases, deduct up

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A taxpayer who actively participates in a rental real estate activity with AGI of $67,000 may, in many cases, deduct up to what amount of rental losses against any other kind of income? SELECTONE a $25,000 b $50,000. c $67,000. d A rental activity is a passive activity, and such losses may only be deducted against other passive income

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