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The active rental real estate applies equally to everyone True False Question 2 1 pts The at-risk limitation is a denial section as opposed to

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The active rental real estate applies equally to everyone True False Question 2 1 pts The at-risk limitation is a denial section as opposed to a deferral section True False A cash method taxpayer can take a deduction for bad debts True False Question 4 1 pts An accrual method taxpayer can take a deduction for bad debts when: the allowance for doubtful accounts is recorded for book when the amount is overdue by 60 days when you stop trying to collect it when the customer calls you and asks for more time to pay A casualty loss is available to anyone who has a disaster happen to them True False

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