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Loren Owns Three Passive Activities That Had the Following Results

Question 24

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Loren owns three passive activities that had the following results for the current year: Loren owns three passive activities that had the following results for the current year:   ​ If none of the passive activities are rental real estate activities,what is the amount of suspended loss attributable to Activity C? A) $- 0 - B) $18,750 C) $20,000 D) $25,000 E) $40,000
If none of the passive activities are rental real estate activities,what is the amount of suspended loss attributable to Activity C?


A) $- 0 -
B) $18,750
C) $20,000
D) $25,000
E) $40,000

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