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Pamela owns a passive activity acquired several years ago that has incurred losses since its acquisition. This is the only passive activity she has...

Pamela owns a passive activity acquired several years ago that has incurred losses since its acquisition. This is the only passive activity she has ever owned. How will these passive losses affect Pamela’s tax computation when she disposes of the activity?

List some events that increase and decrease an investor’s at-risk amount. What are some strategies that a taxpayer can employ to increase the at-risk amount to claim a higher deduction for losses?

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