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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)

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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) $20,000 $1,500 Guaranteed payments Interest income Unrecaptured Sec. 1250 gain $18,000 Other deductions: Charitable deductions $750 Investment interest expense 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 partnership's sale of one of its rental real estate properties during the year. a. b. Compute R's net passive loss from Forlorn Partners. c. What is her net portfolio income? d. How will the guaranteed payment be classified? e. Assuming R has no passive income or loss from any other source, by how ncome? much will the information reported on this K-1 increase her taxable

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