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Question 54 Not yet Ms. Smith purchased a warehouse as an investment property two years ago. During the current year, she received rents of $8,500

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Question 54 Not yet Ms. Smith purchased a warehouse as an investment property two years ago. During the current year, she received rents of $8,500 and paid the following expenses: interest of $6,000, property taxes of $12,000, heat, light, and power of $500, and maintenance of $300. The CCA for the current year is $2,400. She cannot claim a rental loss in the current year. answered Marked out of 1.00 Flag question Select one: O True O False

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