Business
Business, 24.10.2019 01:00, ayoismeisjjjjuan

If a residence is used primarily for personal use (rented for fewer than 15 days per year), which of the following is correct? a. no income is included in agi. b. no expenses are deductible. expenses must be allocated between rental and personal use. c. d. only a. and b. are correct. 13. robyn rental income is s6,000 and the expenses are as follows: rents her beach house for 60 days and uses it for personal use for 30 days during the year. the $9,000 mortgage interest 3,000 real estate taxes 2,000 utilities 1,000 maintenance 500 insurance 4,000 depreciation (rental part) using the irs approach, what are the expenses that robyn can deduct on her schedule e and what are the expenses she can deduct on her schedule a associated with the beach house?

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