How much of anwars rental loss can he deduct currently

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Anwar owns a rental home and is involved in maintaining it and approving renters. During the year he has a net loss of $17,300 from renting the home. His other sources of income during the year were a salary of $120,000 and $12,700 of long-term capital gains.

How much of Anwar's $17,300 rental loss can he deduct currently if he has no sources of passive income?

Reference no: EM13334205

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