Please help and explain 3abc

3. Hope Springs, a teacher, loaned Hugh Owens, a friend, $10,000 to invest in real estate. Hugh declared bankruptcy in 2017 and cannot repay the $10,000. What is the nature of Hope's loss? Assuming Hope has no other capit amount she may deduct for 2017? What amount of the loss may Hope deduct in 2017? a. b. c. ha tax sata cchednle which is appropriate, the