Problem $15-30($LO$.6,7)$

C&C Properties is an S corporation that owns two rental real estate undertakings: Carrot Plaza and Cantaloupe Place. Each property produces an annual $$10,000$ operating loss. C&C$\text{'}$s Schedule K aggregates the results of the two locations into one number.

Dan and Marta, C&C$\text{'}$s two equal shareholders, each hold a $$7,000$ stock basis in C&C as of the beginning of the year. Marta actively participates in the Cantaloupe location, but not at Carrot. Dan actively participates at neither location.

If an amount is zero, enter $"0".$

Determine the amount of the available loss pass$-$through for both shareholders.

a$.$ Marta receives a $fill in the blank $1$

pass$-$through and can deduct $fill in the blank $2$

under passive income rules at the shareholder level.

b$.$ Dan receives a $fill in the blank $3$

pass$-$through and can deduct $fill in the blank $4$

under passive income rules at the shareholder level.