Anwar owns a rental

Anwar owns a rental

 

ing renters. During the year he has a net loss of $17,300 from renting the
home. His other sources of income during the year were a salary of $120,000 and $12,700 of long-term capital gains.
How much of Anwar’s $17,300 rental loss can he deduct currently if he has no sources of passive income?

Deductible Rental Loss:

 

 

 

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