menu
Qammunity.org
Login
Register
My account
Edit my Profile
Private messages
My favorites
Connie has AGI of $90,000 and owns rental property generating a $27,000 loss. She actively manages the property. Her deductible loss is
Ask a Question
Questions
Unanswered
Tags
Ask a Question
Connie has AGI of $90,000 and owns rental property generating a $27,000 loss. She actively manages the property. Her deductible loss is
asked
May 11, 2020
85.0k
views
4
votes
Connie has AGI of $90,000 and owns rental property generating a $27,000 loss. She actively manages the property. Her deductible loss is
Business
college
Asher Walther
asked
by
Asher Walther
8.5k
points
answer
comment
share this
share
0 Comments
Please
log in
or
register
to add a comment.
Please
log in
or
register
to answer this question.
1
Answer
2
votes
Answer and Explanation:
Her deductible loss is $27,000.
Dick Larsson
answered
May 16, 2020
by
Dick Larsson
8.1k
points
ask related question
comment
share this
0 Comments
Please
log in
or
register
to add a comment.
← Prev Question
Next Question →
Related questions
asked
Jan 2, 2024
76.3k
views
Joseph has AGI of $170,000 before considering the $20,000 rental loss for property which he actively manages. How much of the rental loss can he deduct? A) $10,000 B) $0 C) $25,000 D) $20,000
Dan Stahlke
asked
Jan 2, 2024
by
Dan Stahlke
8.3k
points
Business
high-school
1
answer
1
vote
76.3k
views
asked
Sep 18, 2024
184k
views
Joe Taxpayer has the following losses from his rental properties. His AGI is $110,000. Show a schedule of deductible losses, if any, by property and the carry forward, if applicable. He actively participates.
LoMaPh
asked
Sep 18, 2024
by
LoMaPh
9.0k
points
Business
high-school
1
answer
4
votes
184k
views
asked
Jun 4, 2021
62.2k
views
If a taxpayer has an adjusted gross income (AGI) of $27.000, donates $3500 to charity, and itemizes deductions on her federal income tax returrn, how much of the charitable donation is deductible?
Rguha
asked
Jun 4, 2021
by
Rguha
7.8k
points
Mathematics
high-school
1
answer
0
votes
62.2k
views
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.
9.4m
questions
12.2m
answers
Categories
All categories
Mathematics
(3.7m)
History
(955k)
English
(903k)
Biology
(716k)
Chemistry
(440k)
Physics
(405k)
Social Studies
(564k)
Advanced Placement
(27.5k)
SAT
(19.1k)
Geography
(146k)
Health
(283k)
Arts
(107k)
Business
(468k)
Computers & Tech
(195k)
French
(33.9k)
German
(4.9k)
Spanish
(174k)
Medicine
(125k)
Law
(53.4k)
Engineering
(74.2k)
Other Questions
Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
What is meant by data mining ?
Twitter
WhatsApp
Facebook
Reddit
LinkedIn
Email
Link Copied!
Copy
Search Qammunity.org