McGraw-Hill's Taxation of Individuals and Business Entities 3rd Edition by Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver

Exercise 50

Compare and contrast the IRS method and the Tax Court method for allocating expenses between personal use and rental use for vacation homes.Include the Tax Court's justification for departing from the IRS method in your answer.