Problem $4-14($Algorithmic$)$

Passive Loss Limitations $($LO $4\mathrm{.}8)$

income before passive losses is $$105,000.$

If an amount is zero, enter $"0".$

a$.$ Calculate the amount of Walter's allowable loss for rental house activities for $2022.$

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activities, many taxpayers with an investment in a real estate rental property are affected by these rules.