Robert, a US individual, purchases a certain rental real estate property in 2014 and leases it out producing a taxable loss of ($10,000) each year from 2014-2017.Robert has no other sources of income during any of these years. Robert sells the real estate in 2017 recognizing only a $30,000 gain on the sale. How much income (loss) does Robert report on his tax return in each of the tax years?

If Robert is a real estate professional:

2014 ___________2015____________2016 ____________

If Robert is a not real estate professional:

2014 ___________2015____________2016 ____________