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Author Question: In 2015 Mario earned $9,000 in net investment income and incurred $14,000 of investment interest ... (Read 89 times)

luminitza

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In 2015 Mario earned $9,000 in net investment income and incurred $14,000 of investment interest expense. Mario paid off the loan in early 2016 so he only paid $2,000 of investment interest expense in 2016. He earned $10,000 of net investment income in 2016. How much investment interest expense can Mario deduct in 2016?
◦ $2,000
◦ $10,000
◦ $7,000
◦ $0


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Marked as best answer by luminitza on Sep 13, 2020

coyin

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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luminitza

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Reply 2 on: Sep 13, 2020
YES! Correct, THANKS for helping me on my review


billybob123

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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