The rental real estate exception favors: Multiple Choice middle-income taxpayers (AGI greater than $80,000 and less than $150,000). middle-income taxpayers (AGI greater than $80,000 and less than $150,000) and upper-income taxpayers (AGI greater than $150,000). lower-income taxpayers (AGI less than $80,000). upper-Income taxpayers (AGI greater than $150,000). lower-income taxpayers (AGI less than $80,000) and middle-income taxpayers (AGI greater than $80,000 and less than $150,000)