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How much rental loss can she deduct against other income sources without regard to the at-risk rules?

Evelyn has rental income of $48,500 and passive income of $17,000. She also has $144,000 of losses from a real estate

rental activity in which she actively participates. Evelyn's AGI is $95,500 before considering this activity.

Required:

How much rental loss can she deduct against other income sources without regard to the at-risk rules?


accounting   Income-Tax   
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