assuming that alexa's agi from other sources is $120,000, what effect does the rental activity have on alexa's agi? alexa makes all decisions with respect to the property. assume that alexa's agi from other sources is $200,000. this consists of $145,500 salary, $11,200 of dividends, $26,800 of long-term capital gain, and net rental income from another rental property in the amount of $16,500. what effect does the cocoa beach condo rental activity have on alexa's agi?



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