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R is a 25% general partner in Forlorn Partners. Her K-1 from the partnership reports the following: Net rental real estate income (loss) ($45,000) Guaranteed

R is a 25% general partner in Forlorn Partners. Her K-1 from the partnership reports the following:

Net rental real estate income (loss) ($45,000)
Guaranteed payments 20,000
Interest income 1,500
Unrecaptured Sec. 1250 gain 18,000
Other deductions:
Charitable deductions 750
Investment interest expense 800

R is not a real estate professional. She received the guaranteed payment from the partnership for legal services provided. The Sec. 1250 gain reported by the partnership is attributable to the partnerships sale of one of its rental real estate properties during the year.

Compute Rs net passive loss from Forlorn Partners.

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