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QUESTION
Ella has $105,000 of losses from a real estate rental activity in which she actively participates. she has other rental income of $25,000 and other passive activity income of $32,000. her agi before c
Ella has $105,000 of losses from a real estate rental activity in which she actively participates. she has other rental income of $25,000 and other passive activity income of $32,000. her agi before considering these items of income and loss is $95,000.
