Anwar owns a rental home and is involved in maintaining it and approving renters. During the year he has a net loss of $8,000 from renting the home. His other sources of income during the year were a salary of $111,000 and $25.000 of long-term capital gains. How much of Anwar's $8,000 rental loss can he deduct currently if he has no sources of passive income? (Enter your answer as a positive)

Q&A Education