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How much rental loss can Jiu deduct

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Problem - Jiu has $105,000 of losses from a real estate rental activity in which she actively participates. She has other rental income of $25,000 and other passive activity income of $32,000. Her AGI before considering these items of income and loss is $95,000. How much rental loss can Jiu deduct against active and portfolio income (ignoring the at-risk rules)? Does she have any suspended losses to carry over? Explain.

Reference no: EM132668451

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