Mehdi H. Hajiyani - Page 28

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          deduct losses from passive activity in excess of those allowed by           
          respondent for the year.                                                    
               Reviewed and adopted as the report of the Small Tax Case               
          Division.                                                                   
               To reflect the foregoing,                                              
                                                  Decision will be entered            
                                             under Rule 155.                          

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