Question: plz solve this problem with correct explanations :) tks 32. Anne sells a rental house for $300,000 (adjusted basis of $255,000). During her ownership, $60,000

plz solve this problem with correct explanations :) tks 32. Anne

plz solve this problem with correct explanations :)

tks

32. Anne sells a rental house for $300,000 (adjusted basis of $255,000). During her ownership, $60,000 of losses have been suspended under the passive activity loss rules. Determine the tax treatment to Anne on the disposition of the property

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