Gerd’S Three Passive Investments Reported

Gerd’s three passive investments reported the following to him during 2016: Activityincome/Lossyear end at riskABC Ltd(18,000)20,000DEF ltd. (12,000)2,000GHI ltd. 24,0000Net passive loss(6,000)What is the total loss Gerd can deduct?

Originally posted 2018-07-11 22:53:17. Republished by Blog Post Promoter