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  3. 1. amanda owns several rental houses and performs

1. Amanda owns several rental houses and performs all management functions. Amanda uses a handyman...

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Accounting

1. Amanda owns several rental houses and performs all management functions. Amanda uses a handyman to perform maintenance and repairs. Her AGI for the year is $130,000. The rental house activity has a loss of $15,000 for the year. Amanda has no passive income and is not a real estate professional. How much of the rental house loss can Amanda deduct for the tax year?

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