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question 9 please! Michelle is an active participant in the rental condominium property she owns. During the year, the property generates a (521500) on: however,

question 9 please! image text in transcribed
Michelle is an active participant in the rental condominium property she owns. During the year, the property generates a (521500) on: however, Michelle Hus sufficient to basis and at-risk amounts to absorb the loss of Michelle has $128.000 of salary, 511300 of long-term capital gains, $1.300 of dividends, and no additional sources of income or deductions, how much loss can Michelle deduct? Murple Choice 50 losses from rental property are passive losses and can only be offset by income 51.300 53.200 521500 None of the choices are correct

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