The special passive loss rules available to real estate activities allow the deduction of all or part of real estate rental losses against active or portfolio income, even though the activity otherwise is defined as a passive activity. The special rules are available in two situations: Which best describes the special passive loss treatment is available to real estate activities

6carla would like to buy a dress, a dresser for her bedroom, and a home theater system. she has one month's worth of living expenses in her emergency fund. carla decides to save for the home theater system. did carla make the right decision? why or why not? a. yes; her emergency fund is full and the other items will probably be less expensive. b. yes; she could save more for her emergency fund, but the home theater will be harder to save for. c. no; she should save more for her emergency fund because she has saved less than the recommended amount. d. no; she should have bought the dress and dresser first because she could afford them right away. reset next