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Business, 05.11.2019 00:31 giulianna41

Helen, a single taxpayer, has modified adjusted gross income (before passive losses) of $126,000. during the tax year, helen’s rental house generated a loss of $15,000. assuming helen is actively involved in the management of the property, what is the amount of helen’s passive loss deduction from the rental house?

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Helen, a single taxpayer, has modified adjusted gross income (before passive losses) of $126,000. du...
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