Noah yobs, who has $62,000 of agi (solely from wages) 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. a. what amount of rental loss can noah use to offset active or portfolio income in the current year
Solved
Show answers
More tips
- S Science and Technology How to Make a Homemade Smoker: The Ultimate Guide...
- S Society and Politics 10 Tips for Boosting Your Self-Esteem...
- C Computers and Internet How to Create a Folder on Your iPhone?...
- G Goods and services How to sew a ribbon: Tips for beginners...
- F Food and Cooking How to Make Mayonnaise at Home? Secrets of Homemade Mayonnaise...
- C Computers and Internet Which Phone is Best for Internet Surfing?...
- F Food and Cooking Everything You Need to Know About Pasta...
- C Computers and Internet How to Choose a Monitor?...
- H Horoscopes, Magic, Divination Where Did Tarot Cards Come From?...
Answers on questions: Business
- B Business Isabel has to create a storyboard for the website of a large multi-national company selling multiple products. Which flowchart should Isabel use for her storyboard?...
- B Business Cadavieco Corporation has provided the following data for its two most recent years of operation: Selling price per unit $90 Manufacturing costs: Variable manufacturing...
- B Business In ethics, our conscience is what tells us whether something is a. wrong or right b. expensive or cheap c. hard or easy d. simple or difficult...
- B Business As a business person planning to open a new small business, you know that the business plan should not contain...
- B Business Consider how changes in the racial wage gap are measured in a household survey like the current population survey. by racial wage gap i mean the residual in a blinder-oaxaca...
- B Business Havier corporation borrows $1 million from a bank on september 1, year 1, by signing a 6 percent, nine-month note for the amount borrowed plus accrued interest due...
- B Business Matthew recently purchased a bond for $1090. the bond has a par value of $1000 and a coupon rate of 5.00%. based on this information, you know that matthew’s current...
- B Business In what two ways can you make money from owning stock...
- B Business Which is a true statement of certificates of deposit (cds)? the depositor can withdraw money from the account anytime. cds earn less money than a traditional savings...
- B Business Why might juan choose a traditional savings account over other more aggressive savings plans? he fears the potential for identity theft. he has a high-risk tolerance...
Ответ:
dont know
Explanation:
I want free points