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Dean, who is single, has $100,000 of salary, $70,000 of income from a limited partnership, and a $89,000 passive loss from a real estate rental...

Dean, who is single, has $100,000 of salary, $70,000 of income from a
limited partnership, and a $89,000 passive loss from a real estate rental
activity in which he actively participates. His modified adjusted gross
income is $100,000. Of the $89,000 loss, how much is deductible?
p. 11-22 and 11-23
a. $-0-.
b. $19,000.
c. $25,000.
d. $89,000.
e. None of the above

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