potaetoo1997
17.04.2020 •
Business
Noah, who has $62,000 of AGI before considering rental activities, has $70,000 of losses from a real estate rental activity in which he actively participates. He also actively participates in another real estate rental activity from which he has $33,000 of income. He has other passive activity income of $20,000.
Required:
(a) What amount of rental loss can be used to offset active or portfolio income?
Solved
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Ответ:
150 ft²
Step-by-step explanation:
Area of parallelogram is:
A= bh
b=15 feet, h= 10 feet
A= 15*10= 150 ft²