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Anwar owns a rental home and is involved in maintaining it and approving renters. During...

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Accounting

Anwar owns a rental home and is involved in maintaining it and approving renters. During the year he has a net loss of $10,400 from renting the home. His other sources of income during the year were a salary of $112,500 and $19,500 of long-term capital gains.

How much of Anwars $10,400 rental loss can he deduct currently if he has no sources of passive income?

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