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To determine the allowable passive loss when a taxpayer has multiple passive activities, they must fir st figu re the Allowable loss from nonpassive activities
To determine the allowable passive loss when a taxpayer has multiple passive activities, they must fir st figu re the
Allowable loss from nonpassive activities
Allowable loss from rental real estate activities with active participation.
Income or loss from each separate activity in the usual manner.
Allowable loss from rental real estate activities with significant participation
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