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3) Lavar owns a vacation property that was only rented out for 8 days in 2021 for $3,000. He used an online rental site to

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3) Lavar owns a vacation property that was only rented out for 8 days in 2021 for $3,000. He used an online rental site to find customers. When it comes time to file his 2021 tax return, he receives a Form 1099 for the rental income. Which of the following is correct? Lavar must report the income on Schedule E and then take a corresponding deduction on Schequle A The income related to the minimal rentat property is not taxable. Lavar will be taxed on the rental income, even though it was related to a minimal rental property. Lavar must dispute the form 1099

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