Question: Mustafa, who is single, has $75,000 of salary, $10,000 of income from a limited partnership, and a $25,000 passive loss from a real estate rental activity in which he actively participates. Of the $25,000 loss, how much is deductible?
a. $0
b. $10,000
c. $27,000
d. $25,000
e. None of these