Solved: How much rental loss can deduct against other income, Taxation

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How much rental loss can deduct against other income

Response to the following problem:

Evelyn has rental income of $46,500 and other passive income of $16,250. She also has $139,500 of losses from a real estate rental activity in which she actively participates. Evelyn's AGI is $92,000 before considering this activity. How much rental loss can she deduct against other income sources without regard to the at-risk rules?

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