Question: TB MC Qu . 0 6 - 5 5 ( Static ) llene rents a property... Ilene rents a property for the entire year. During

TB MC Qu.06-55(Static) llene rents a property...
Ilene rents a property for the entire year. During 2024, llene reported a net loss of $15,000 from the rental. If llene is an active participant in the
rental and her AGI is $140,000, how much of the loss can she deduct against ordinary income in 2024?
Multiple Choice
$10,000
$0
$15,000
$5,000
TB MC Qu.06-55(Static) llene rents a property... Ilene rents a property

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