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PLEASE I NEED HELP AS SOON AS POSIBLEEEEE Michelle is an active participant in the rental condominium property she owns, During the year, the property

PLEASE I NEED HELP AS SOON AS POSIBLEEEEE
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Michelle is an active participant in the rental condominium property she owns, During the year, the property generates a ($15,500) loss, however, Michelle has sufficient tax basis and at-risk amounts to absorb the loss. If Michelle has $116,000 of salary. $10,100 of long-term capital gains, $3,100 of dividends, and no additional sources of income or deductions, how much loss can Michelle deduct? \$0, losses from rental property are passive losses and can only be offset by passive income. $5,100 $10,400 $15,500 Norle of the choices are correct

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