Multiple Choice
Robyn rents her beach house for 60 days and uses it for personal use for 30 days during the year.The rental income is $6,000 and the expenses are as follows:
Mortgage interest
$9,000
Real estate taxes
3,000
Utilities
2,000
Maintenance
1,000
Insurance
500
Depreciation (rental part)
4,000
Using the IRS approach,total expenses that Robyn can deduct on her tax return associated with the beach house are:
A) $0.
B) $6,000.
C) $8,000.
D) $12,000.
E) None of the above.
Correct Answer:

Verified
Correct Answer:
Verified
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