Question: The passive activity loss rules contain exception ( s ) related to real estate activities. These exceptions allow all or part of real estate rental

The passive activity loss rules contain
exception(s) related to real estate activities. These exceptions allow all or part of real estate rental losses to offset active or portfolio income even though the
activity otherwise is defined as a passive activity.
a. Two
b. One
c. Four
d. Zero
e. Three
The passive activity loss rules contain exception(s) related to real estate

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