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What amount does Chris report for total rental real estate

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Question - Chris paid $100,000for a single family home on July 1, 2019 and immediately placed it in service rental property. AT the time, the land was valued at $ 10,000. The property generated $8,000 in rental income for the year. His salary expenses consisted of depreciation and $ 500,000 in real estate taxes. Chris is not a real estate professional but he does partially participate in his rental estate activity. He has no other passive income or losses. What amount does Chris report for his total rental real estate and royalty income?

Reference no: EM132797260

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