Question
The equal QRS partnership had ($90,000) of rental real estate losses in the current year. Partner Q is the manager of the rental real estate
The equal QRS partnership had ($90,000) of rental real estate losses in the current year. Partner Q is the manager of the rental real estate properties for the partnership. Qs AGI for the year is $110,000, but Q has no other passive income. How much of the losses can Q deduct?
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Bookkeeping And Auditing A Career Guide
Authors: Harry Watts
1st Edition
1639878106, 1639878106
