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11/ OND/ CERTIFICATION ADVANCEM aigBua aue NOIRO DAISU 995nco au Learn Up at the certi Guide o completed in transcript meet th on DNA Question

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11/ OND/ CERTIFICATION ADVANCEM aigBua aue NOIRO DAISU 995nco au Learn Up at the certi Guide o completed in transcript meet th on DNA Question 44 of 75. Mary Beth owns a rental house, Her current tenant, Carl, signed a two-year lea last year, At that time, Carl paid Mary Beth $1.600 for the first month's rent, $1.600 for the last month's rent, and $1.500 as a security deposit. Carl paid the $1,600 monthly rent in cash on the first of each month during the year, except in November when he replaced the water heater in exchange for his rent. The water heater would have cost Mary Beth $1,100 to purchase and install. How much rental income must Mary Beth report for last year? and moved into the house in January ol $18,700 $20,300 O $20,800 $22,400 Mark for follow up Billy is a single taxpayer with modified AGI of $140,000 and an active participation rental real estate loss of $30,000. other source of passive income, what is his adjusted special allowance? Question 45 of 75

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