Question Content AreaNancy has active modified adjusted gross income before passive losses of $$120,000.$ She has a loss of $$15,000$ on a rental property she actively manages. How much of the loss is she allowed to deduct against the $$120,000$ of other income?

a$.$ None

b$.$ $$5,000$

c$.$ $$2,500$

d$.$ $$10,000$