Solution-How must mary beth treat this on her tax return

How must mary beth treat this on her tax return

Reference no: EM131786785

Question - Mary Beth is a CPA, Devoting 3000 hours per year to her practice. She also owns an office building in which she rents out space to tenants. She devotes none of her time to the management of the office building. She has a property management firm make all management decision for her. During 2010 she incurred a loss, for tax purposes, of 30,000 on the office building. How must Mary Beth treat this on her 2010 tax return?

Reference no: EM131786785

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How must mary beth treat this on her tax return : During 2010 she incurred a loss, for tax purposes, of 30,000 on the office building. How must Mary Beth treat this on her 2010 tax return

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How must mary beth treat this on her tax return

Reference no: EM131786785

Reference no: EM131786785

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