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Author Question: Losses from passive activities that cannot be deducted currently are carried over for up to 5 ... (Read 85 times)

jace

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on: Sep 13, 2020

Question 1

Individuals who actively participate in the management of rental real property may deduct up to $25,000 in losses, subject to AGI limitations.
◦ true
◦ false

Question 2

Losses from passive activities that cannot be deducted currently are carried over for up to 5 subsequent years.
◦ true
◦ false
Federal Taxation 2017 Individuals ¦ Pope, Rupert, Anderson ¦ 30th Edition
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Marked as best answer by jace on Sep 13, 2020

aidanmbrowne

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Reply #1 on: Sep 13, 2020
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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jace

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Reply 2 on: Sep 13, 2020
Thanks for the timely response, appreciate it

meow1234

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Reply 3 on: Yesterday
:D TYSM

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