31. Justin has an AGI of $110,000 before considering his $30,000 loss from rental property,...

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Accounting

31. Justin has an AGI of $110,000 before considering his $30,000 loss from rental property, which he actively manages. How much of the rental loss can Justin deduct this year?

a. $10,000

b. $20,000

c. $25,000

d. $30,000

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