Business, 16.10.2019 16:10 infoneetusinghoyg22o
Ivan and olga owns a duplex. they collect the rents and make repairs to the property when necessary. that is, they are active participants in the rental property. during the current year, the duplex has gross rents of $16000 and total allowable deductions of $31000. what is the effect of the duplex rental on their taxable income if their agi is
a) $87000?
b)$122000?
c) $155000?
d)$139000?
Answers: 2
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Ivan and olga owns a duplex. they collect the rents and make repairs to the property when necessary....
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