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2 (Chapter 6) Georgia and Mike own a beach house that they rent out on Airbnb. In 2021 they rented the house for 100 days
2 (Chapter 6) Georgia and Mike own a beach house that they rent out on Airbnb. In 2021 they rented the house for 100 days and used the house for personal purposes for 12 days. Rental income was $65,000 and rental expenses were $67,000. (a) How much, if any, of the rental expenses may Georgia and Mike deduct? (b) What if, instead, they used the house for personal purposes for 15 days? How much, if any, of the rental expenses may Georgia and Mike deduct
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