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Justin Has AGI of $110,000 Before Considering His $30,000 Loss

Question 44

Multiple Choice

Justin has AGI of $110,000 before considering his $30,000 loss from rental property,which he actively manages.How much of the rental loss can Justin deduct this year?


A) $10,000
B) $20,000
C) $25,000
D) $30,000

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