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Business, 31.10.2019 03:31 piper64bsj

Arnold purchased two rental properties 6 years ago. he actively participates in their management. during 2018, arnold had income of $22,000 from one of the rentals. he had a loss from the other rental of $32,000, as well as salary income of $35,000, and dividend income of $2,000. what is arnold's net passive income or loss deduction?

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