Essay
Emelie and Taylor are employed by the Federal government and own their home in Washington,
D.C.While vacationing in the summer for three weeks, they rent their home for two weeks to an Angolian diplomat for $3,000.During the third week, they permit Taylor's aunt and uncle to stay in the house with no rent being charged.Expenses associated with the home for the year are as follows:
Determine the effect of these income and expense items associated with their home if they file a joint return.
Correct Answer:

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