User posted a question Nov 29, 2011 at 2:11am
Q 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 -+
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.
posted an answer Nov 29, 2011 at 9:29pm
A Dear Student...
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    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...
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