Evelyn has rental income of $48,000 and passive income of $18,000. She also has $148,000...
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Evelyn has rental income of $ and passive income of $ She also has $ of losses from a real estate rental activity in which she actively participates. Evelyns AGI is $ before considering this activity. Required: How much rental loss can she deduct against other income sources without regard to the atrisk rules?
Evelyn has rental income of $ and passive income of $ She also has $ of losses from a real estate rental activity in which she actively participates. Evelyns AGI is $ before considering this activity.
Required:
How much rental loss can she deduct against other income sources without regard to the atrisk rules?
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