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3. Jesse relocated to accept a job in a new city. On December 1st, he signed a lease to rent a house for a year
3. Jesse relocated to accept a job in a new city. On December 1st, he signed a lease to rent a house for a year and paid the following: First two months' rent Security deposit Last month's rent $ 1,900 $ 800 (to be returned at the time the tenant moves out) $ 950 What amount of advance rent must Jesse's landlord report as income on the current year's tax return? a) $3,650 b) $2,850 c) $1,900 d) $ 950
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