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Adela owns rental real estate that generated a $27,000 loss during the current year. Using the information below as a guide, prepare a spreadsheet calculating her adjusted gross income. It should be flexible enough to calculate  Adela's adjusted gross income if she meets either the real estate professional exception or the active participant test.

Salary

$80,000

Dividends

22,000

Interest

12,500

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M91700772

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