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Business, 30.03.2020 15:38 chairawks

A customer invests $100,000 in a real estate limited partnership. In the first year of operations, the investor is allocated $20,000 of income; $80,000 of interest deductions; $45,000 of operating expenses; and $25,000 of depreciation expense. Assuming that the investor has sufficient passive income, this investor may deduct a net loss of how much from his tax return for this year?

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