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Girardo Owns a Condominium in Key West

Question 48

Multiple Choice

Girardo owns a condominium in Key West. During the year, Girardo uses the condo a total of 22 days. The condo is also rented to vacationers for a total of 78 days and generates rental income of $24,000. Girardo incurs the following expenses before allocation: Girardo owns a condominium in Key West. During the year, Girardo uses the condo a total of 22 days. The condo is also rented to vacationers for a total of 78 days and generates rental income of $24,000. Girardo incurs the following expenses before allocation:   The amount of depreciation that Girardo may deduct with respect to the rental property is A)  $ 7,300 B)  $ 9,960 C)  $14,040 D)  $17,160 E)  $22,000 The amount of depreciation that Girardo may deduct with respect to the rental property is


A) $ 7,300
B) $ 9,960
C) $14,040
D) $17,160
E) $22,000

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