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Business, 31.10.2019 00:31 brooke3493

During the year, anna rented her vacation home for 30 days, used it personally for 20 days, and left it vacant for 315 days. she had the following income and expenses: rent income $7,000 expenses real estate taxes 2,500 interest on mortgage 9,000 utilities 2,400 repairs 1,000 roof replacement (a capital expenditure) 12,000 depreciation $7,500 using the court's approach to allocating property taxes and interest. compute anna's taxable net rent income or deductible rental loss

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During the year, anna rented her vacation home for 30 days, used it personally for 20 days, and left...
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