Business, 06.12.2019 22:31 Justadumbemo
Ilene rents her second home for the entire year. during the year, ilene reported a net loss of $10,700 from the rental. if ilene is an active participant in the rental and her agi is $142,500, how much of the loss can she deduct against ordinary income in the year?
Answers: 2
Business, 23.06.2019 01:50
You are looking at a one-year loan of $16,500. the interest rate is quoted as 8.7 percent plus two points. a point on a loan is 1 percent (one percentage point) of the loan amount. quotes similar to this one are common with home mortgages. the interest rate quotation in this example requires the borrower to pay two points to the lender up front and repay the loan later with 8.7 percent interest. what rate would you actually be paying here?
Answers: 3
Business, 23.06.2019 12:30
Zowns a disability income policy with a 30-day elimination period. z contracts pneumonia that leaves him unable to work from january 1 until january 15. z then becomes disabled from an accident on february 1 and the disability lasts until july 1 the same year. z will become eligible to receive benefits starting on
Answers: 2
Ilene rents her second home for the entire year. during the year, ilene reported a net loss of $10,7...
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