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    Federal Taxation
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    Exam 25: Losses and Bad Debts
  5. Question
    Shaunda Has AGI of $90,000 and Owns Rental Property Generating
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Shaunda Has AGI of $90,000 and Owns Rental Property Generating

Question 21

Question 21

Multiple Choice

Shaunda has AGI of $90,000 and owns rental property generating a $27,000 loss.She actively manages the property.Her deductible loss is


A) $0.
B) $13,500.
C) $25,000.
D) $27,000.

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