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You have one real estate investment property and taxable income is negative, which of the following is correct Taxable loss is immediately used to shield

  1. You have one real estate investment property and taxable income is negative, which of the following is correct
    1. Taxable loss is immediately used to shield other income from federal taxes
    2. Taxable loss is accumulated and used later
    3. Before tax cash flow will equal after tax cash flow
    4. After tax cash flow will be greater than before tax cash flow

e. Both b and c

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