Multiple Choice
Walter owns and manages his 50 percent interest in a rental apartment complex.His AGI for the current year is $110,000 excluding his portion of the $70,000 loss from the apartment complex.What is his loss carryover?
A) 0
B) $15,000
C) $25,000
D) $35,000
Correct Answer:
Verified
Correct Answer:
Verified
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