Selena rodriguez owns and actively manages lakeview gardens, Financial Accounting

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Selena rodriguez owns and actively manages lakeview gardens

Selena Rodriguez owns and actively manages Lakeview Gardens, an apartment complex on Lake Lure. In 2013, Lakeview Gardens generated a $31,480 net loss. If Selena’s AGI before considering this loss is $175,500, and she owns no other passive activities, how much of the loss is deductible this year?

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Financial Accounting: Selena rodriguez owns and actively manages lakeview gardens

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Financial Accounting: Selena rodriguez owns and actively manages lakeview gardens

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