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Question 6 0.3 Warren invested in a limited partnership tax shelter in 2012. During 2019, his losses from the partnership amount to $100,000. If Warren

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Question 6 0.3 Warren invested in a limited partnership tax shelter in 2012. During 2019, his losses from the partnership amount to $100,000. If Warren has no passive income, what is the amount of Warren's deduction for passive losses for 2019? $0 O $10,000 $20,000 $40,000 O None of these Question 7 0.3 pts Sol purchased land as an investment on January 12, 2016, for $85,000. On January 31, 2019. Sol sold the land for $25,000 cash. In addition, the purchaser assumed the mortgage of $70,000 on the land. What is the amount realized (not gain realized) on the sale of the land? MacBook Air go 000 DOO

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