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Tom has AGI of $165,000 before considering the $17,500 rental loss for property which he actively manages. How much of the rental loss can he
Tom has AGI of $165,000 before considering the $17,500 rental loss for property which he actively manages. How much of the rental loss can he deduct?
A) $0
B) $10,000
C) $20,000
D) $25,000
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Principles Of Accounting
Authors: Steven M. Bragg
1st Edition
1642210773, 978-1642210774
