Question: 6 4 . 0 % complete Question Moheet is the sole owner and a material participant in a business in which he invested $ 1

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Moheet is the sole owner and a material participant in a business in which he invested $150,000 of his own money and had the company borrow $100,000, which he guaranteed. If the business incurs a loss of $80,000 from operations, Moheet will be allowed the full amount as a deduction.
A.True
B.False

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