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A taxpayer actively participates in rental real estate and has modified AGI of $140,000. The...

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Accounting

A taxpayer actively participates in rental real estate and has modified AGI of $140,000. The rental activity has a loss of $50,000. How much loss can be deducted related to the activity which qualifies as active participation?
$25,000
$15.000
$0
$5,000
$10,000
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