Question: Problem 6 - 3 7 ( LO 6 - 2 ) ( Algo ) Anwer owns a rental home and is involved in maintaining it

Problem 6-37(LO 6-2)(Algo)
Anwer owns a rental home and is involved in maintaining it and approving renters. During the year, he has a net loss of $12,100 from
renting the home. His other sources of income during the year are a salary of $90,000 and $40,200 of long-term capital gains.
How much of Anwer's $12,100 rental loss can he deduct currently if he has no sources of passive income?
Deductible rental loss
$ 3,000
 Problem 6-37(LO 6-2)(Algo) Anwer owns a rental home and is involved

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