20 Required information The following information applies to the questions displayed below. Natalie owns a condominium near Cocoa Beach in Florida. This year, she incurs the following expenses in connection with Part 1 of 4 her condo: Insurance Advertining expense Mortgage interest Property taxes Repairs &maintenance Utilities Depreciation $ 610 785 5,450 1,240 600 780 12,700 During the year, Natalie rented out the condo for 82 days, receiving $32,750 of gross income. She personally used the condo for 45 days during her vacation Assume Natalie uses the Tax Court method of allocating expenses to rental use of the property. Assume 365 days in the current year. (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount.) a. What is the total amount of for AGI (rental) deductions Natalie may deduct in the current year related to the condo (assuming she itemizes deductions before considering deductions associated with the condo)? Answer is complete but not entirely correct. S 9,172 e Required information The following information applies to the questions displayed below. Natalie owns a condominium near Cocoa Beach in Florida. This year, she incurs the following expenses in connection with her condo: Mvertising experse Mortgag Property taxes 1,240 Depreeiation During the year, Natalie rented out the condo for 82 days, receiving $32,750 of gross income. She personally used the condo for 45 days during her vacation Assume Natalie uses the Tax Court method of allocating expenses to rental use of the property. Assume 365 days in the current year (Do not round Intermediate calculations. Round your final answers to the nearest whole dollar amount) b What is the totasl amount of itemized deductions Natalle may deduct in the curent year related to the condo? O Answer is complete but not entirely correct 80 888 a 3 5 Required information The following information applies to the questions displayed below Natalie owns a condominium near Cocoa Beach in lorida. This yeat she incurs the folowing expenses in connection with her condo Advertiaing ortgage iterest Property taxes During the year, Natalie rented out the condo for 82 days, receiving $32 750 of gross income. She personally used the condo for 45 days during her vacation Assume Natalie uses the Tar Court method of allocating expenses to rental use of the property. Assume 365 days in the curtent year (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount) d. Assume that gross rental revenue was $3.050 (rather than $3275 what Mort of fr AG deducten, may Ntate deduct in the current year related to the condo? Prev 23 of 28 Next