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Question - Susan is the owner of a 35-unit apartment complex. She spends 950 hours a year managing the property. In addition, she works part-time for a mortgage company. She spends 1,150 hours a year as a bookkeeper at the mortgage company. The apartment complex generated a loss of $32,000, and Susan's adjusted gross income for the current year, before considering the apartment complex, is $48,000. How much of the loss can Susan deduct?
a. $-0 -
b. $14,476
c. $16,727
d. $25,000
e. $32,000
during the year the hotel expects to rent 30000 rooms. rooms rent for an average of 90 per night. the hotel expects to
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