Question 10 3 pa Tom is a passive investor in Regal Meagle Real Estate. This year, Tom's share of losses from Regal Meagle was ($9,000). How much of this loss can Tom deduct on his current year tax return i.. Tom's regular tax basis at the beginning of the year was $6,000. Tom's at-risk basis at the beginning of the year was $5.000 Tom's only other passive Income for the year was $9,000 from an investment in 's diner, a local eating establishment 39,000 $5,000 $6.000