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Which of these taxpayers is subject to the passive loss limitation? Andrea. She owns multiple rental properties which she materially participates in. She has no
Which of these taxpayers is subject to the passive loss limitation? Andrea. She owns multiple rental properties which she materially participates in. She has no other income. In 2022, she worked 1,100 hours on her properties. Anita. In addition to her work as a partner in a marketing firm (where she logged 800 hours in 2022), Anita materially participates in rental property she owns. In 2022, she logged 840 hours with the rental. Connor. He owns a rental property and materially participates in the property; in 2022 he worked 760 hours with the rental and 900 hours as an IT consultant. Jack. He materially participates in his rental property, working 815 hours in 2022. He also
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