Real estate rental activity

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Reference no: EM13150520

Tina, an unmarried taxpayer, has $80,000 in salary, $10,000 in income from a limited partnership, and a $26,000 passive loss from a real estate rental activity in which she actively participates. Her modified adjusted gross income is $80,000. Of the $26,000 loss, how much is deductible?

a. $0.

b. $10,000.

c. $25,000.

d. $26,000.

e. Some other amount.

Reference no: EM13150520

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