Ilene rents her second home during 2009 ilene reported a

Reference no: EM13589418

Ilene rents her second home. During 2009, Ilene reported a net loss of $15,000 from the rental. If Ilene is an active participant in the rental and her AGI is $140,000, how much of the loss can she deduct against ordinary income in 2009?

Reference no: EM13589418

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