Tom, who is single, owns a rental apartment. He activelyparticipate in the rental activity. In 2017, he had a loss of$30,000 on this rental activity. His adjusted gross income prior torental loss a Tom, who is single, owns a rental apartment. He actively participate in the rental activity. In 2017 , he had a loss of \( \$ 30,000 \) on this rental activity. His adjusted gross income prior to rent 1 answer