Trented a house this year with the following results: Rent Income $4,000 Utilities $2,500 Maintenance $3,000 Interest Expense $2,000 Repairs $42,000 Assuming T's AGI is $130,000, compute T's rental loss deduction, amount to be carried forward and what type of deduction (e.g. for AGI, itemized AGI, Misc. Itemized, not deductible)? SHOW ALL WORK