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Business, 24.03.2020 18:01 adantrujillo1234

Nora is the owner of an apartment complex. She actively participates in the management of the building. During the current year, it generates a taxable loss of $28,000. Nora's other sources of income are salary of $55,000 and interest of $20,000. What is Nora's allowable loss from the apartment?

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