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umka2103 [35]
3 years ago
6

Ned has active modified adjusted gross income before passive losses of $160,000. He has a loss of $15,000 on rental property he

actively manages. How much of the loss is he allowed to deduct against his other income?
Business
1 answer:
prohojiy [21]3 years ago
7 0

Answer:

None.

Explanation:

Ned is not allowed to deduct the loss on rental property against her income. In USA real estate losses are allowed for tax payers to be deducted from their income if they own a rental property. A tax payer can deduct $25,000 of real estate loss on gross income of $100,000 or less. If adjusted gross income of an individual exceeds $150,000 then real estate losses deductions are not allowed. Ned has income of $160,000 which is above the threshold of $150,000 therefore no losses can be deducted from the income.

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over population and the consequences are limited space, global warming, and more poor people

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It is Micah's role at the company to plan, organize, and control the functions within the human resource department. Based on th
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management

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3 years ago
Alice loves all animals and is starting a new grooming business for dogs. She believes that animals are very important and plans
elena-s [515]

Answer:

D. Natural law.

Explanation:

As a concept, natural law states that everyone, including people, animals and all other living things, e.g. trees, have God given or natural rights. These rights include our right to live and be free, and are not established by any law created by humans, instead we (and the rest of living creatures) are born with them. Laws made by human societies have no right to interfere or break natural laws, since natural laws are the basis of all other laws.

Some people believe that natural law only applies to humans, but others, e.g. ecologists and animal lovers, believe that they apply to all living creatures.

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3 years ago
Merck, a pharmaceutical company, has taken thousands of drugs through the federal approval process and so can do it more cost ef
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4 0
3 years ago
A bond par value is $1,000 and the coupon rate is 4.3 percent. The bond price was $945.46 at the beginning of the year and $976.
Snezhnost [94]

Answer:

The bond's real return for the year was 5.49%

Explanation:

In order to calculate the bond's real return for the year we would have to calculate the following formula:

bond's real return for the year=(1+Nominal rate of return)/(1+Inflation) -1

According to the given data Inflation=2.2 percent

To calculate the Nominal rate of return we would have to calculate the following:

Nominal rate of return=(Selling price + Interest coupon - Purchase price)/Purchase price

According to the given data:

Selling price=$976.26

Interest coupon=$43

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Therefore, Nominal rate of return=($976.26 + $43 - $945.46)/ $945.46

Nominal rate of return=7.81%

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bond's real return for the year=5.49%

The bond's real return for the year was 5.49%

6 0
3 years ago
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