Loren Owns Three Passive Activities That Had the Following Results

question 87

Multiple Choice

Loren owns three passive activities that had the following results for the current year: If none of the passive activities are rental real estate activities, what is the amount of suspended loss attributable to Activity C?

• A) $ - 0 -
• B) $18,750
• C) $20,000
• D) $25,000
• E) $40,000

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